Gold News! Expansion of Global Capacity to Produce Gold and Silver. Buy Gold and Silver.
Gold: $ 1276.00 Silver: $ 15.08 Platinum: $ 905.00 Palladium: $ 1427.00
Dateline: Del Mar, CA: Friday, April 19, 2019
First National Bullion is a Leader in the Precious Metals Industry. Each weekday, we post information and facts that directly relate to the financial markets. And in each session we provide useful information that helps investors make wise choices.
Today, FNB examines the role that gold and silver occupy for global financial stability.
Global Effort to Expand Gold and Silver Tonnage:
When you study the charts of output for both gold and silver mined and compare the total tonnage mined now compared to just a few years ago, the results are astonishing.
Consider:
In fiscal 2005 the global output for Gold Mined fell just short of 2500 metric tons
In fiscal 2018 the global output for Gold Mined fell just short of 3300 metric tons
In fiscal 2005 the global output for Silver Mined fell just short of 21,000 metric tons
In fiscal 2018 the global output for Silver Minded exceeded 27,000 metric tons
Percentage Rise in Production:
The informed investor notices that this spike in production reflects a 25 % rise in total global output for gold (when comparing 2005 production results to 2018 production results). And for silver, the spike in production reflects a 23 % rise in production (when comparing the same year vs. year global output).
What this percentage rise in both gold and silver production seems to clearly indicate is the voracious appetite that central banks globally have exhibited over the last 13 years to buy, hoard and warehouse as much gold and silver bullion as is humanly possible to extract.
The numbers and ratios are staggering. When you then compare the amounts of gold and silver that are being mined and extracted annually against the appetite for consumption that is present in the central banks’ practices, you begin to see why Gold and Silver become ever more attractive investment resources.
Gold and Silver Mines Produce at Record Paces:
When you analyze the high levels of complexity and difficulty that finding, surveying, sampling, core-drilling and then rigging followed by the extensive capital requirements that any mining operation requires, the pace of production becomes puzzling.
The question on investor’s minds: why is the production of gold and silver increasing year upon year? And, why are central banks quite literally gobbling up the majority of resources mined?
The answer has to be scarcity and value. As in, someday the supply will become more and more rare. And, the value will almost certainly have to grow at exponential levels.
Next time, FNB will look into the seemingly ludicrous idea and notion of: Fractionalized Banking.
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 Nation Bullion
For direct consultation with a gold and silver expert contact FNB:
inquiry@fnbcoin.com
1-800-745-7979