Central Banks Load Up on Gold – So Should You!

The World Gold Council recently reported that central bank demand for gold rose 22% in the third quarter of 2018 vs. the same quarter in 2017, reaching the highest level of quarterly demand since Q4’15


 

This also marks the highest year-to-date central bank demand in the first nine months of any year since 2015.


 

In the third quarter, Russia added the most of any nation – 92.2 metric tons – pushing its total reserve to over 2,000 tons, as Russia is basically divesting itself of most of its U.S. Treasuries in exchange for gold.


 

Over the last five years, the largest buyers of central bank gold have been China and Russia.


                            

Nation Mid 2013 Gold Holdings Mid 2018 Gold Holdings 5 Yr Gains


Russia 995 Metric Tons 1994 Metric Tons +95%


China 1054 Metric Tons 1843 Metric Tons +75%


 

Such massive levels of gold buying by Russia and China should raise “red flags” in Washington, D.C. These two superpowers have been in the process of selling their dollar-based Treasury holdings and buying gold to gain more financial flexibility – something that every wise investor should consider doing now.


 

Why do you suppose those countries are buying so much gold? It certainly NOT for investment purposes. No, all countries hoard as much gold as they can, because they understand that gold is the only true money, and its value is not a function of some fleeting government edict. Gold is, and always has been, the only true store of value and it's increasing worth is always a function of the declining value of fiat currency which is continuous and inevitable.


 

Our Founding Fathers knew that gold and silver were the only true form of money. They learned the hard way from using worthless paper “Continental” currency during the Revolutionary War. Article I, Section 10 of the U.S. Constitution says, “No state shall…coin money, emit bills of credit, make anything but gold and silver a tender in payment of debts.”


 

On December 23, 1913, the Constitution was upended when President Wilson signed the Glass-Owens Act, Better known as the Federal Reserve Act, and the USD was officially launched.


 

Like central banks today, our forefathers knew that only gold and silver were reliable forms of money.


 

If our forefathers and central banks in countries across the planet know that, why do so many Americans refuse to accept what financial experts for hundreds, maybe thousands of years know as proven fact?


 

In every financial crisis, only the people who understand and accept as the proven fact that gold is the financial insurance policy of choice emerging from financial emergencies financially better than before the crisis only because of their gold positions.


 

If it works so well for the central banks and financially astute, you might want to explore gold's unique value and consider exchanging a small amount of fiat currency for some real money.

Right HERE: https://tinyurl.com/y2s3thl5

This article was published on 10.06.2019 by David Williams
Author's business opportunity:

KaratBars - GOLD, Free to join
Join

Member comments:

No comments yet
Facebook comments:


Member Ad
Real Time MLM Leads
Highest Converting MLM Leads Delivered in Real-Time. Talk to people who just expressed interest in a home based business!


OR


Copyright © 2015-2018 Gateway Solutions s.r.o.
SupportPrivacy PolicyTerms of UseTestimonials
Desktop / Tablet | Mobile