Gold and Silver: Can The Price of Gold Hit and Exceed $ 2000 per Ounce: Part Four:
GOLD and SILVER: Can The Price of Gold Hit and Exceed $ 2000 per Ounce: Part Four:
Gold: $ 1416.10 Silver: $ 16.24 Platinum: $ 851.00 Palladium: $ 1427.00
Dateline: Thursday, August 01, 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 examined the pressing call for The FED to lower interest rates and provide some economic fuel to burst the seemingly sagging economy.
In this session, FNB continues the discussion of interest rates and examines in some detail Central Banks and their recent tool known as: “Negative Interest Rates.”
Central Banks and Their Dull Tool: ‘NEGATIVE INTEREST RATES’:
Negative interest rates are a recent phenomenon. Central Banks began instituting this damaging policy after the crash and cash reduction incidents of 2008 and 2009.
Here are some of the more important aspects RE: ‘Negative Interest Rates’ that all consumers and investors should be aware of:
Banks generally PAY depositors to place funds under the care and management of the institution
Banking institutions have historically been seen and viewed as ‘safe’ places to deposit funds and somewhat of an ironclad guarantee that the funds deposited would be secure
‘Negative Interest Rates’ are banking policies that permit the bank to dip interest rates BELOW zero
These ‘BELOW’ zero, or ‘Negative Interest Rates’ by definition and contract charge depositors to PAY the bank for the right to keep money in the institution and utilize the bank’s services
Depositors LOSE money and FORFEIT gains and in fact see portions of their deposits CONFISCATED by the banking institution when there is a ‘Negative Interest Rate’ policy in effect
‘Negative Interest Rates’ mean banks charge fees and extract financial charges (interest payments) for the simple privilege of utilizing the services of the institution
In our next session, FNB will address, “Monetary Methadone.” 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:
www.firstnationalbullion.com
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:
inquiry@fnbcoin.com
1-800-745-7979