Is CHINA ADDING SILVER to its Accumulation Stockpile?
Gold: $ 1427.60 Silver: $ 16.23 Platinum: $ 851.00 Palladium: $ 1515.00
Dateline: Thursday, July 18, 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 dove deep into expanding corporate debt pools and the new financial hazard that is: BBB and Lower Graded Corporate Debt.
In this session, FNB addresses what happens when the economic bubble–both at the federal and corporate levels: bursts.
Something Big is Happening RE: SECRET SILVER ACCUMULATION:
Silver accumulation is happening in large, hidden behind the scenes and yet noticeable ways. Someone, no one can be quite certain who this is quite yet is going net long on silver futures.
Someone, many think it is the nation of China using JP Morgan as proxy, is very bullish on the purchase and accumulation of silver future’s contracts.
According the the most recent CFTC reporting data available:
A single trading group has amassed 50,000 future’s contracts on silver
This long position represents 20 % of silver’s available open interest
Each contract represents the ability to leverage 5,000 ounces of silver
The Trail of Evidence Leads to China:
The speculation is that the central bank of China is the one, single entity that has positioned themselves to greatly benefit from a silver-price-surge.
The speculation is that JP Morgan is purchasing these contracts in behalf of their large, institutional client that is: the central bank of China. Stay tuned…
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.
Founder and Owner,
First National Bullion
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