US Silver Exports to India Increase Over the Last Six Months:
Gold: $ 1340.00 Silver: $ 15.01 Platinum: $ 807.00 Palladium: $ 1358.00
Dateline: Del Mar, CA: Thursday, June 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 examined 2019 and beyond silver price appreciation standards and suggestions.
The question does not seem to be, ‘if’ this silver price appreciation will take place. But rather, ‘when’ this price surge might take place.
FNB now looks at the recent expansion of silver bullion importation by the nation of India.
US Silver EXPORTS TO INDIA INCREASE Over the Last Six Months:
The facts are difficult to refute. India, the nation, and the citizens of India are buying and importing from US stockpiles larger and larger quantities and tonnage of silver coins and bullion than ever before.
Consider these facts of INDIA APPETITE AND CONSUMPTION of Silver Coins and Bullion:
According to SRSRocco Report:
Western nations’ appetite and demand for silver remains weak
Indian consumer and investor purchasing power of silver coins and bullion remain at all time highs
According to MFC (Metals Focus Consultancy) demand in 2019 by rural India residents grew at exponential rates
Primary reasons for the expansion of silver purchases by India rural residents is caused by the relative low price of silver right now and the Indian Government’s ‘Cash Handout” Programs
The Accumulation and Purchase Tonnage by Indian Citizens in Staggering:
The numbers are truly staggering. Consider:
The importation of silver coins and bullion in 2019 is double that of 2016
The importation of silver coins and bullion in 2019 is triple that of 2017
FNB reminds all of our readers and followers of this old adage:
“Gold is the money of kings…
Silver is the money of gentlemen…
Barter is the money of peasants…
Debt is the money of slaves.”
In our next session, FNB examines and dives deep into the nation of India’s recent acquisition of large tonnage of silver bullion.
FNB strongly urges all savvy and thoughtful investors to ramp up their physical gold coin, bar 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 Nation Bullion
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