Central Banks now own more gold than US paper… (turning point)

Central banks are buying gold—no matter the price. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­
stocksearning
A message from Golden Portfolio

Word came recently that Central Banks now own more gold than US Treasuries for the first time in 30 years. But that's not the big news…

The real story is the chart below…

The world has become so accustomed to holding US paper, most investors today can't imagine anything else.

But as recently as 1980, Central Banks held as much as 70% of their reserves in gold. To return to that level, gold demand would have to increase 3X or more.

And that's exactly what I'm expecting.

Remember, Central Banks are price-insensitive. Unlike you and me, they simply don't care what the gold price is. They buy because their mandate is stability.

It pains me to say this, but I wouldn't be doing my job if I didn't…

US Treasuries – the backbone of the world's financial system for nearly 40 years – are no longer risk-free. 

The world is moving away from US paper – and into gold.

What that means for you is that a small stake in the best gold companies…

Could net you an absolute fortune over the next decade. 

Go here and I'll show you why gold is going to run for years to come… along with my top four gold picks for the coming bull mania. 

 

Regards, 

Garrett Goggin, CFA, CMT
Chief Analyst and Founder, Golden Portfolio 





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