GOLD and SILVER: Can The Price of Gold Hit and Exceed $ 2000 per Ounce: Part Five:
Gold: $ 1446.80 Silver: $ 16.31 Platinum: $ 852.00 Palladium: $ 1417.00
Dateline: Friday, August 02, 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 the discussion of interest rates and examined in some detail Central Banks and their recent tool known as: “Negative Interest Rates.”
In this session, FNB takes yet another hard look at: “MONETARY METHADONE” = “FIAT!”
Monetary Methadone: AKA: FIAT!
“A rose by any other name is still a rose.”
William Shakespeare
The Central Bankers are clever. You have to give them credit for their creative language when it comes to endless, cyclical, persistent, ongoing, non-stop printing of currency.
Here are just a few of the names and/or terminology that Central Bankers give to their cherished monopoly of printing currency without a conscious:
- FIAT!
- QE = “Quantitative Easing”
- Expansion of the money supply
- Fractional Reserve Banking
- Bills of Exchange
- Fiduciary currency
- Negotiable Debt Instruments
- Federal Reserve Notes
As you can see, central bankers are clever indeed when it comes to the matter of creating highfalutin terms to describe what they do. What they do is: “Print Currency out of Thin Air.”
What central banks do is pile on indebtedness upon indebtedness upon indebtedness.
Have you ever stopped to ask yourself the question: “To whom does our government owe the monies that are described as, ‘the national debt’?”
The simple and very problematic and highly disconcerting answer is: to The FED. And smart investors know that, ‘The Fed’ is a privately owned cartel that quite literally owns the United States of America’s monetary supply.
In our next session, FNB will address, “Global Uncertainties.” Till then, FNB urges all to expand their physical holdings of gold and silver and other precious metals.
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:
1-800-745-7979