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 Gold $2,320.90   $-7.00  Silver $27.21   $-0.15  Platinum $907.10   $-6.70  Palladium $993.50   $-19.80

Buy GOLD and SILVER: Coming Bull Metals Market: Part Two:

Gold: $ 1531.40 Silver: $ 18.59 Platinum: $ 959.00 Palladium: $ 1679.00

Dateline: Del Mar, CA: Tuesday, September 24, 2019

FNB is a precious metals industry leader. Each weekday, we post information and financial facts (and opinions!) that relate directly to the financial markets and also that have direct impact upon the daily lives of investors.

In our last session, FNB began a new series on the coming bull market run for both gold and silver.

In this session, FNB addresses gold running from the western nations to the eastern nations.

Gold Runs From WEST to EAST:

FNB sees a coming crisis. The crisis is that western, developed nations will surrender larger and larger portions of their gold and silver bullion holdings to the eastern ascending nations.

Let’s Look at Some Facts:

8000 + tons of gold reserves: the United States of America, as of early spring 2019 had the largest gold and silver bullion deposits globally
Germany has the second largest gold bullion holdings and comes in at just under 3.5 + tons
China and Russia are quickly outpacing all other nations combined in their acquisition of gold and silver bullion
China has added at least 94 tons of gold bullion to its reserve storage in fiscal 2019

The nation of China is aggressively acquiring and amassing larger and larger quantities of both silver and gold bullion. This shift of gold and silver bullion from the western and developed economies to the eastern and developing economies is not going to stop anytime soon.

Yuan Slides 3.8 %:

The central bank of China continues to aggressively devalue its national currency. Thus far in 2019, the Yuan value has decreased 3.8 % since January 2019.

The Yuan is currently trading vs. the US Dollar at twelve year lows.

The Yuan has now slid to a whopping 12 % of valuation vs. the US Dollar since the trade wars began in late 2018.

The central bank of China continues to be a ‘currency manipulator’. When you couple this fact with their aggressive stance of gold and silver bullion accumulation, you quickly see that: Gold and SIlver Bullion reserves are finding their way out of western reserves and into the reserve accounts of these eastern nations.

In our next session, FNB will take a look at the rapidly deteriorating condition of the Australian housing markets.

FNB strongly urges all savvy and thoughtful investors to ramp up their physical gold coins, bars and bullion holdings. FNB invites all to visit our website:

www.firstnationalbullion.com

FNB invites all that live in or near our three physical locations in San Diego, Del Mar and Scottsdale to stop in and visit and meet one-on-one with our Team of precious metals experts.

FNB posits and strongly asserts that capitalism and the capacity to own, manage and profit from the collective of private properties and/or business initiatives is a driving force that America and its leaders simply must protect.

FNB remains diligent and unwavering in the call for common, average American people to seek out the Safe Havens of gold and silver coins, and gold and silver bullion.

FNB, a national precious metals industry leader and reputable gold and silver coin dealer urges investors, bond-holders, speculators and all who manage and/or oversee their family’s financial portfolio begin now migrating larger allocations into the historical safe harbors of: Gold and Silver.

Jon Cavuoto,

Founder and Owner,
First National Bullion
For direct consultation with a gold and silver expert contact FNB:
inquiry@fnbcoin.com

By |2022-07-15T07:13:59-07:00September 24th, 2019|Finance, Financial News, FNB News, Gold, NASDAQ, News, Precious Metals News, Silver, US Dollar|0 Comments