Why Are Central Banks Hoarding Gold?
| | Central banks are stockpiling gold even as prices continue to soar.
And they're not the only ones…
China and Russia are doubling down, with China buying as much as they can get their hands on – including mining companies across Africa (while keeping it illegal to export gold from inside its borders).
Do they know something we don't?
Or is it basic investing 101?
Banks understand the true nature of fiat money. They know it's only paper, worth as much as the confidence we have in the government that prints that paper.
They fully comprehend the consequences of what happens when governments seize control of the financial system to print trillions of dollars in new money with no supervision.
They know that hard-earned savings can evaporate, and economies can collapse.
That's when everyone turns to gold and silver, and are planning for when that happens.
You don't need a crystal ball to predict what will happen to gold prices if the US implements capital controls, continues printing more money, and messing with interest rates.
Gold and silver will skyrocket as investors flee stocks and bonds.
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Don't miss out on this golden opportunity.
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