Foreign central banks now hold more gold than US Treasuries. This is part of a much bigger global rebalance.
August 28 (King World News) – Otavio Costa: Foreign central banks now officially hold more gold than US Treasuries — for the first time since 1996.
Let that sink in.
KING WORLD NEWS NOTE: Foreign Central Banks Hold More Gold Than US Treasuries! This Is Part Of A Longer-Term Global Rebalance Into Gold And Out Of US Dollars
If you think this buying streak is ending, just look at what happened in the 1970s.
This is likely the beginning of one of the most significant global rebalancings we’ve experienced in recent history, in my view.
Greyerz Just Warned He’s Seeing Physical Silver Shortages – Price Set To Skyrocket
KWN readers around the world need to stop what you are doing immediately and listen to one of the greatest audio interviews that Egon von Greyerz has ever given discussing this critical moment in history where he imminently expects to see skyrocketing silver, gold, and mining stocks, and where he discusses exactly what investors need to be doing with their money right now and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
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