Governments, Big Banks Are Stockpiling Gold

"They Know What's Going To Happen" - Governments, Big Banks Are Stockpiling Gold"

That's the headline in a new article from ZeroHedge.com.

The article goes on to say, "Big banks and governments know what’s coming and they are preparing for this eventuality by stockpiling huge amounts of “real money” ahead of the crisis."

The article also talks about the silver holdings, believed to be held by JP Morgan, and seems to be warning about a collapse in "fiat money," which is a term for currency that is printed out of thin air, by the central banks and governments of the world, without having the currency backed by any tangible asset.

In the 1800s and early 1900s, gold and silver coins were commonly used in the United States as "real money." It was REAL, because it was, in fact, gold and sliver.

The article poses the question:

"To get an idea of where one should be diversifying their assets in the event this worst-case scenario plays out, one need only ask the following question: What is money when the system collapses?"

You can read the ZeroHedge article here:
https://www.zerohedge.com/news/2018-04-16/they-know-whats-going-happen-governments-big-banks-are-stockpiling-gold

In a related article, from the SRS Rocco Report, published yesterday, the headline there is "Global Silver Scrap Supply Falls To 26-Year Low"

You can read that article here:
https://srsroccoreport.com/global-silver-scrap-supply-falls-to-26-year-low/

If you've never purchased or owned gold or silver, and curious about knowing more about "preserving wealth" with some SILVER, you can read my BEGINNERS INTRODUCTION to SILVER here:
https://steemit.com/junk/@jesushchrist/want-to-buy-silver-but-never-bought-any-before-and-unsure-about-how-or-why-a-beginner-s-introduction