Buy GOLD and SILVER: The Day the Money Game Changed: Part Six:
Dateline: Del Mar, CA: Tuesday, November 19, 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 a groundbreaking examination of China’s soon to launch, gold-backed cryptocurrency.
In our last session, FNB addressed how the introduction of the Chinese, gold-backed Cryptocurrency could impact US National foreign policy in general…and…the SWIFT money transfer system.
In our next session, FNB will examine how China, with the implementation of its reserve and gold-backed cryptocurrency will now become a direct and vibrant economic threat and even a direct competitor with the United States of America.
The Day MONEY GAME CHANGED:
Direct Competition: The Challenge to US Financial Hegemony:
JP Morgan has talked about it.
JP Morgan recently stated,
“We believe the dollar could lose its status as the world’s dominant
Currency due to structural reasons as well as cyclical impediments.”
Multiple nations are threatening the US Dollar and its ‘reserve currency status’.
Consider just a few:
Russia: continues to amass larger and larger tonnage of gold and silver bullion reserves
China: projects to launch its cryptocurrency ECDP sometime in early 2020
Malta: the island has declared itself, the cryptocurrency world leader
Cayman Islands: set up: Cayman Enterprise City (CEZ) and is aggressively searching for 500 to 1000 top global companies to use their business portal as central access to global markets
The data is sobering. The US Dollar retains its primacy as of this writing. Here are some facts:
The US Dollar is responsible for 80 to 90 % of all currency transactions
The US Dollar is responsible for 80 to 90 5 of all currency settlements
The US Dollar comprises 60 % of current global currency reserves
The Euro comprises less than 20 % of all global currency reserves
Over 70 % of all international outstanding debt and re-balances are priced in dollars and no other currency is close to competing in this sector
Competition is coming. China and Russia and these other nation states seek to dislodge and then supplant US financial hegemony. Time will tell where this lands.
Investors, beware! Investors, be informed! Investors, buy gold and silver!
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