By establishing our 630 ton capacity vault in Singapore, removing middlemen and eliminating ties to Western jurisdictions, we ensured that Singapore jurisdictional protections are not undermined by foreign regulatory ties in the event of foreign gold nationalizations.
There are 105 trillion reasons to own silver. Very few investors in the world realize this, which makes it one of most undervalued assets in the world. While the paper price of silver could go a bit lower, it’s forming a bottom while the major stock indexes are developing the BIGGEST TOPS in history.
The People's Bank of China may have tripled its gold stockpile since April 2009, when it last gave an official number, which Bloomberg Intelligence estimates to be 3,510 metric tons, second to United States 8,133.5 tons of gold.
The price of gold will keep getting support as central banks load up on more gold this year, RBC Capital Markets said in a report published Sunday.
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