The facts are in: since 2010 central banks globally have stockpiled over 150 million troy ounces of gold by adding these to their reserve accounts.
Gold:: $ 1310.10 Silver: $ 15.55 Palladium: $ 1615.00
Dateline: Del Mar, CA: March 21, 2019
Some quick facts RE: Central Banks Stockpiling Gold Reserves Globally:
Since 2010: over 150 million oz.s of Gold purchased and hoarded by central banks
Highest annual gold purchase rate increase since 1971
In 2018, the Russian Government and Central Bank led the gold purchase parade
Russian government has been systematically ‘de-dollarizing’ and supplanting their former dollar holdings (US Treasury notes) with Gold and Silver bullion
World Gold Council expects 23 million Troy Ounces of gold to be acquired and then stored by central banks in 2019
From fiscal 1990 to fiscal 2009 central banks were net sellers of Gold and Silver bullion
Next time, FNB will address the reasons why, and there are many that central banks have shifted from net sellers to net purchasers and net hoarders of gold and silver.
The Message: you should ‘go and do likewise’.
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.
Founder and Owner,
First Nation Bullion
For direct consultation with a gold and silver expert contact FNB: