Gold: $ 1312.40 Silver: $ 15.38 Platinum: $ 855.00 Palladium: $ 1486.00
Dateline: Del Mar, CA: Wednesday, March 27, 2019
FNB believes there are multiple, deeply-interconnected and equally-balanced reasons why Central Banks globally are aggressively and openly purchasing and then hoarding + stockpiling seeming mountains of gold and silver bullion.
Obviously, central bankers see red-flags in both national and global economies either forming up, or appearing on their financial radar scopes. These red flags cannot be ignored.
Remember and Keep in Mind: “The central bankers and the institutions they oversee have but one mandate: Protect the Institution’s Assets and Deep Reserves.”
It’s equally obvious that key markers and key global events influence central bankers’ decision making processes. In this session, FNB addresses: The Petroleum Based Global Economy.
Petroleum Based Global Economy:
What’s interesting about the central banks and their obsessive accumulation of gold and silver bullion over the last few years is, “The Why?”
In our last session, FNB suggested that The Petrodollar, the US Dollar monopoly on purchases and sales of petroleum and other commodity-based products is dwindling. Soon, and this is within the next few years, other nations’ currencies will be full-on competitors with the US Dollar.
FNB now examines the Petroleum Based Economy. And as we plow into this topic, it’s important to keep in mind that the US Dollar has been the backbone and the entire financial, skeletal system that has supported the Petroleum Based Global Economy.
It is vital for all concerned to realize that the exponential growth and the global reach and the universal impact of petroleum is 100 % because of the power, might, certainty, reliability and constancy of the US Dollar.
Now, that economic certainty, that financial reliability, that undergirding capital source and resource stares down not just competitive forces…but ardent financial competitors.
When you consider that, China, Russia, India, Iran, North Korea, many middle eastern nations and perhaps even some of the United States’ formerly rock-solid allies are now openly competing to pay for petroleum and other rare-earth commodities in cash equivalents that are NOT the US Dollar, you begin to see the framing up of reasons why Central Banks are fleeing to gold and silver bullion as reserve.
For the reality is that all nations depend heavily upon petroleum based products of all kinds + natural gas + raw materials + rare-earth minerals + commodities for their nations to exist. When you see the US Dollar being not just challenged but outright rejected as the exchange currency, well let’s just say that ruling plutocrats begin to cringe. Cringe and fly to safe havens and places of absolute, financial certainty.
Gold and silver bullion remain the rock-solid, last-stop-defense, must-have-financial-backstop that quite literally saves the day when competing currencies lag, list, take on water and then collapse.
If you are a central banker, you realize that the fortitude and might and constancy of the US Dollar is tied, securely tied and deeply-wedded to the political stability and military strength that is: The United States of America.
Next time, FNB examines in detail the struggle and strife for global, financial dominance that such rejections of the US Dollar as reserve currency portends for markets of all sizes and shapes.
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 Nation Bullion
For direct consultation with a gold and silver expert contact FNB: