◆ Gold is flowing to strong hands in safer forms of gold ownership, in safer jurisdictions
◆ Gold and silver bullion coins and bars owned by GoldCore’s clients have been moved from Hong Kong to Singapore
◆ Central bank and institutional gold rush is beginning as prudent money diversifies fx reserves by buying gold & repatriates their gold from London and New York
◆ Central banks are repatriating gold and buying gold as never before due to macroeconomic, geopolitical, systemic and monetary risks
◆ Poland’s government completed the repatriation of 100 tons of gold bullion; 8,000 gold bars worth $5 billion were moved by G4S from the Bank of England to the Polish central bank
◆ Serbia, Poland and Hungary have boosted their safe haven gold bullion reserves to protect their foreign exchange holdings and hedge growing monetary and systemic risks
◆ Slovakia has joined China, Russia and a host of countries buying gold or seeking to repatriate their gold from the Bank of England and the New York Federal Reserve
◆ Global rush to gold is leading to a run on ‘bank gold’ which is gold stored with banks and indeed a run on on the ‘gold bank’ in the form of central banks including the Fed and the Bank of England
◆ Prepare now with physical gold coins and bars in your possession or in fully segregated storage in Singapore and Zurich
