When an Economy Slows: Issues That Impact Economic Growth: Part Six:
When an ECONOMY SLOWS: Issues That Impact Economic Growth: Part Six:
Gold: $ 1411.80 Silver: $ 15.27 Platinum: $ 831.00 Palladium: $ 1602.00
Dateline: Del Mar, CA: Wednesday, July 10, 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 our series on: “When an Economy Slows,” FNB took a look at some big issues that affect and impact the pricing and value structures for gold and silver moving forward.
In this session, FNB addresses negative interest rates and negative yielding government debt and their combined drag on the nation’s economy.
NEGATIVE YIELDING GOVERNMENT DEBT:
The global currency printing machine never stops or even pauses. 24 hours a day, 7 days a week, some government or another is printing currency and devaluing their currency.
$ 12.5 Trillion in New Global Debt:
The numbers and mere scope of this explosion of governmental debt is beyond staggering. It is guessed, no one knows for certain, that the totality of ‘new government issued debt instruments’ in 2019 will meet and then exceed: $ 12. 5 Trillion USD.
The $ 12.5 will stretch from ocean to ocean and continent to continent. Almost no government will exempt itself. Certainly no politician will look to stop, or at least stall the explosion.
There are intended and unintended consequences from such ongoing, universal printing press of currencies. Let’s look at some intended consequences.
Intended Consequences from Printing Unlimited Amounts of Currency:
There are some obvious, intended consequences from the constant and globally pervasive printing of currencies. Some of these intended consequences are:
Negative yields: investors are now guaranteed (in multiple countries) to ‘get back less than they put in’
High-positive-yield government bonds are now yielding such low returns that gold and silver are virtually the sole remaining ‘safe haven’
Negative interest rates: investors in this environment stare down the awful reality of having their principal reduced and thus placing any cash into a heretofore stable financial institution becomes almost nonsensical
Incentives are high to expand holdings of physical gold and silver
In our next session, FNB will examine some of the more severe ‘unintended consequences’ of unstoppable governmental printings of currency.
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