Gold $2,416.80   $34.30  Silver $31.58   $1.90  Platinum $1,090.70   $23.40  Palladium $1,020.00   $14.60

GOLD and SILVER: Can the Price of Gold Hit and Exceed $ 2000 per ounce: Part Eight:

Gold: $ 1507.00 Silver: $ 17.17 Platinum: $ 872.00   Palladium: $ 1423.00

Dateline: Wednesday, August 06, 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 took a deep dive into how oil prices and oil diplomacy could seriously impact the upward draft pressure on the price and value of both gold and silver.

In this session, FNB looks into what are some of the relevant component parts that are currently fueling the surge in prices of and for both gold and silver.

GOLD SURGES in Price and Why?

Currency Manipulation. There is no doubt that China and other nations are devaluing their currency. China recently adjusted the Yuan valuation so that now the exchange rate is 7 to 1. Meaning 7 Chinese Yuan = 1 US Dollar.

Mortgage Interest Rate Fluctuation: mortgage interest rates are fluctuating. At the time of this post, the current floating one month LIBOR rate = 2.243 %.

Real Property Sales: for the second quarter of 2019, real property sales showed a slight uptick year-to-year comparison to second quarter sales for 2018. The forecast is for the real property markets to stay brisk to close out fiscal 2019.

Central Bank Gold Accumulation: Russia and China continue to load up big time on their central bank gold holdings.Year to date and year upon year comparison, China has purchased 74 tons in fiscal 2019. Russia has added 96 tons of gold to its reserve holdings thus far in 2019.


The conclusion is obvious: buy gold and silver. Stockpile and warehouse physical gold and silver and mimic and shadow the activities of central bankers.

In our next session, FNB addresses Hedge Funds and their recent decision to add gold and silver to their portfolios.

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.

Jon Cavuoto,

Founder and Owner,
First National Bullion
For direct consultation with a gold and silver expert contact FNB: