What asset are the world’s top central banks accumulating like mad?
You already know. And more central banks are being added as we speak!
As we’ve spoken about before, the World’s central banks, in particular the ones in BRICS nations, have been stockpiling gold at a record pace.
You can see a nice chart here, and remember, the 2022 bar only includes data up to Q3. We still have an entire quarter to go!
Now, are these nations looking to fuck over the US and get out from under their thumb once and for all?
Of course. And they know their time is now.
There will be a great monetary reset soon. To what degree we don’t know, but it’s becoming glaringly obvious that gold is going to be a part of it.
This certainly doesn’t make number go down, and can very well mean number go way up.
There was a great overview of this on Liberty and Finance’s weekly chat with Andy Schectman. It’s worth it to watch the whole thing. I rarely steer you wrong on these.
And now the Netherlands is going heavy too, whoah! Not a BRICS nation at all, but likely doesn’t want to get left behind.
Not financial advice, but we’ve gone over all of these before.
Physical Gold – Whichever dealer you prefer
Pure Gold ETF – PHYS
Digital Gold – PaxG
For More Upside – Gold Miners ETF – GDX
Here is why I prefer GDX instead of GDXJ for this purpose:
The Sprott offerings are intriguing too, but there’s no need to overcomplicate it. GDX is doing quite well.
Most contrarians I know want to protect themselves from a financial reset that is in the best interest of governments, and not in the best interest of the people.
Gold is hands-down the best way to protect yourself. And even moreso now.
Crypto is another, but second place.
You always have to consider, “What is the most difficult thing they can take from me and/or screw with?”
Fiat in your bank? That’s easy.
Crypto? Less easy, but doable, as we’ve seen recently.
Gold? Good luck, assholes.
As an individual, you’re never truly financially independent without real exposure to gold.
Central banks know this. And they’re all in on it together.
Are you really going to take the other side of this bet?