Buy GOLD and SILVER: Currency Manipulators and Gold and Silver Part One:
Dateline: Del Mar, CA: Wednesday, September 11, 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 continued our current series on the origins of cryptocurrencies and how cryptocurrencies effect the future of gold and silver.
FNB asserts there are (theoretical) true advantages that cryptocurrencies bring to investors globally.
In this session, FNB begins a new series: “Currency Manipulators and How These Impact and Effect Gold and Silver Prices and Values.”
Recently, President Trump labeled China as a ‘currency manipulator’. What on earth does this mean? And how does this designation impact gold and silver investors and their physical holdings of precious metals?
Currency Manipulator Defined:
Currency manipulation is defined as:
“A government or central bank that buys or sells a foreign currency in exchange for and in preferential alignment of their own domestic currency.”
These are big words and this is a complex definition to work through and ponder. Let’s break this down a bit and turn this into plain language.
Currency Manipulation is:
A government or central bank: this is top-down, elite policy wonks that decide that it is in their government’s best interest to devalue their own national currency
Buy or sell foreign currency: there is a decision at the national leadership level to either hoard another nation’s currency, or to relentlessly sell another nation’s currency
The exchange or parlay: the reason for such bizarre economic behavior, economic behavior that just might bring financial harm to the nation’s economy you are supposed to be overseeing and properly protecting is to generally weaken your own national currency
Weakened national currency: a weakened national currency makes your nation’s goods and services very attractive on the international market
China is a currency manipulator. This is the conclusion of our President. Now what?
In our next session, FNB will address how currency manipulation impacts both national and international 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:
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.
Founder and Owner,
First National Bullion
For direct consultation with a gold and silver expert contact FNB: