Banks Are Restocking Gold
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News Date: March 20, 2022
Banks Are Restocking Gold at Fastest Pace in Years.
The Comex vaults have been steadily depleted over the last several months, however, 1.6M ounces of gold just showed up since March 1.
This is the largest inflow since October 2020 and we are only halfway through March!
This may be simply a restock of the metal lost in Jan and Feb.
It's also possible this is being used to support the massive delivery volume being seen in the historically quiet month of March.
But a third possibility is that the banks are preparing for massive delivery volume in April.
Source: schiffgold.com
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Gold Rush to Dump U.S Debt
As the world continues down the road of extreme uncertainty, investors and foreign central banks continue to turn to the oldest form of money as a measure of providing some stability, gold.So far, in 2020, central banks have added a net of 181 tons of gold to their reserves. Gold continues to retain its position of being the most reliable store of value and means of exchange in times of extreme uncertainty. This should explain why several central banks plan on continuing to increase their gold reserves in 2020.
Example:www.goldtelegraph.com
US treasury dollar on the US Debt Clock
No more federal reserve note on USDebtClock.org. Now called US treasury dollar.The U.S. Debt Clock no longer shows the Federal Reserve Note.
It's now three U.S. Treasury Dollar. Dollar to gold ratio and Dollar to silver ratio is still zero.
Turkey seeks to become full SCO member
Turkey's Erdogan targets joining Shanghai Cooperation Organization, media reports say.'Now our next process will be steps towards this end. This is our goal,'
he said in reply to a journalist's question whether Turkey was considering the possibility of becoming a member of the SCO.
Source: reuters.com
Debts going down, Gold rate up
Look at US debt clock!Despite pandemic, Total personal debt and credit card debt are going backwards.
This reminds NESARA first section:
Cancels all credit card, mortgage, and other bank debt due to illegal banking and government activities. Many refer to this as a "jubilee" or complete forgiveness of debt.
Debts clock:usdebtclock.org
Gold, metals rates are going up!
NESARA 10th section:
Creates a new U.S. Treasury rainbow currency backed by gold, silver, and platinum precious metals...
Gold clock:usdebtclock.org/gold-precious-metals.html