Editor’s Commentary: I’ve long-said if you want to get an idea of how to prepare for whatever the powers-that-be have planned for us, watch those who are in their back pockets. When it comes to the economy, central banks aren’t just in the back pockets of the globalist elite cabals. Many central bank leaders are part of the upper echelon inner circle of those steering the world toward The Great Reset.
It behooves us all to pay attention to what they’re doing.
Central banks are making unprecedented moves, buying up as much precious metal assets as possible as the article below by Arsenio Toledo highlights. We covered this last month during an interview with Jonathan Rose from Genesis Gold, a Christian precious metals company specializing in self-directed IRAs. As he noted, it makes perfect sense for central banks to be preparing for their own evil machinations by stocking up on precious metals which are most likely to hold or increase their value if The Great Reset starts fully materializing. Watch this video and read the article below by Arsenio Toledo at Natural News:
Central bankers are expecting something soon. Americans who do not want to be stuck with wealth or retirement devalued in the various markets when the powers-that-be engage in the next phase of their plans should not hesitate one moment. Make the move now. Here’s Arsenio Toledo…
Central banks all over the world are accumulating gold reserves at a record pace not seen in 55 years.
According to the World Gold Council (WGC), central banks all over the world purchased a record-breaking 399 tons of bullion during the third quarter of 2022, massively raising the global demand for precious metals.
The WGC also noted that retail demand by jewelers and buyers of gold bars and coins was also strong, with the world’s demand for gold during the third quarter amounting to 1,181 tons. This amounts to a 28 percent year-over-year increase in demand. (Related: Health Ranger Report: Gold and silver can help safeguard your assets as COLLAPSE of traditional pension systems looms.)
While demand for physical gold assets like bars and coins increased, demand for exchange-traded funds (ETFs) storing bullion for investors shrank. Physical assets, especially precious metals, are typically seen as safe investments during times of economic uncertainty or turmoil. But as central bank-mandated interest rate hikes continue, investors are seeing ETFs as less valuable and are trading them in for other assets.
The WGC noted that a substantial amount of the gold purchased during the third quarter was bought by central banks that did not publicly report their purchases. The central banks of Turkey, Uzbekistan, Qatar and India were among the largest buyers.
The Central Bank of the Republic of Turkey purchased 31 tons, bringing its total gold reserves to 489 tons. This does not include the 46.8 tons of gold bars and coins retailers purchased – a more than 300 percent year-over-year increase in gold purchases in the country.
The Central Bank of Uzbekistan was next, purchasing 26 tons. The Reserve Bank of India followed with 17 tons, pushing its reserves to 785 tons, and the Qatar Central Bank purchased 15 tons of gold.
“Looking ahead, we anticipate central bank buying and retail investment to remain strong,” said WGC analyst Louise Street.
Many central banks keeping their gold purchases secret
Just under a quarter of all gold purchases for the third quarter went to the central banks mentioned above and other publicly identified institutions. The rest went to mystery buyers.
The People’s Bank of China rarely discloses how much gold it is buying or how much is currently in its reserves. But trade data shows that the country has been importing vast amounts of bullion. Last year, it imported 821 tons of gold. This year, it has imported 902 tons so far, already surpassing the 2021 total.
The gold that China imports is also on top of the more than 300 tons the country’s gold mines typically produces each year.
Russia, the world’s second-largest gold mining nation, typically produces more than 300 tons of gold per year. But since the beginning of Russia’s special military operation in Ukraine, Russian gold is no longer welcome in many parts of the world. Sanctions have also made countries like China and India more cautious about importing huge quantities of Russian gold.
This has raised speculation about whether or not the Central Bank of Russia stepped in to purchase more gold. The country’s foreign currency reserves held by non-Russian banks and financial institutions are currently frozen by sanctions, making it less attractive for the central bank to make more currency purchases.
Other possible major buyers include Saudi Arabia and the Gulf states of Kuwait and the United Arab Emirates. All three nations have reaped massive windfalls as demand for oil surged, and financial analysts believe they have been plowing cash into foreign assets, possibly in gold to diversify their holdings.
Don’t wait for a stock market crash, dedollarization, or CBDCs before securing your retirement with physical precious metals. Genesis Gold Group can help.
Read more stories like this at GoldReport.news.
Watch this clip from InfoWars discussing how many countries are quietly moving back to the gold standard.
This video is from the InfoWars channel on Brighteon.com.
More related stories:
- Central banks continue adding gold to their net holdings as fears rise of a global currency collapse.
- The Right Side with Doug Billings: Invest in gold and silver during inflation, says Bob Reid – Brighteon.TV.
- Zimbabwe’s roll-out of gold coins is a smashing success as cratering dollar will lead other nations, U.S. states, to do the same thing.
- Nearly 300 million ounces of physical silver have been drained from the market.
- Keith Weiner tells Dunagun Kaiser to opt out of failing banking system and invest in gold.
Sources include:
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.
