-- Published: Wednesday, 3 August 2016 | Print | Disqus
By Nathan McDonald
Well, well, well. Something incredibly strange is afoot. What exactly is happening is the million dollar question. Regardless of what it is, a shift has occurred that has shocked many in the precious metals community and has others scratching their heads in confusion.
Everyone knows that the West has been bleeding gold for decades, especially the United States, which has systematically been selling their citizen's true wealth and hollowing out the foundation of their financial system. Yet, a massive and dramatic shift has occurred. A massive amount of gold is flowing BACK towards the United States.
Switzerland, which typically exports a minor 0.5 metric tonnes per month to the United States, has just completely gone into full gear and exported a monster amount of gold in the month of May 2016.
How much gold you ask? A whopping 20.7 metric tonnes! This is a complete reversal of what we have been seeing in the past, where typically the United States is the one exporting gold to Switzerland and the UK.
This amount huge and is fifty times more than Switzerland's typical gold export average. It's more than the total exported since the year 2000!
So what in the world is going on? Why this drastic shift and why is it occurring now? This is exactly what many in the precious metals community are now trying to figure out. The tin foil hats have been taken out of the closet, dusted off, and for good reason.
This should be ringing alarm bells for anyone that is truly "awake". Many times before, those of us in the precious metals community, who have been deemed "conspiracy theorists", have been vindicated. We hope, though, that this is one of those times that hopefully it doesn't occur.
This massive gold outflow into the U.S. has not been seen since WWII, and is leading many to ponder what others have speculated, including the president of Russia, Vladimir Putin: is the world heading towards a global war (WWIII)?
Let's hope not. Let's just hope that this is a massive overreaction to the fears caused by the recent BREXIT results, which we have written about recently and speculated that they are wildly overblown.
Either way, something is afoot and it is only a matter of time before the light will fall on this event. Let's hope that it is nothing, for the sake of us all.
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Nathan McDonald is a libertarian, entrepreneur and precious metals enthusiast. He has always taken a keen interest in free markets and economics since an early age, which naturally led him to become a true believer in precious metals and all that they stand for. Nathan served eight years in the Royal Canadian Navy as an electronics technician, seeing the true state of the world, before starting his first successful business. He has since gone on to create a number of businesses, all of which are still in operation and growing. In addition to this, Nathan runs a network of successful precious metals blogs, and a growing newsletter that has attracted readers from all around the world. He is a regular and highlighted writer for the highly respected Sprott Money Blog, which covers world events, geopolitics and of course precious metals. |
