Switzerland and Norway Begin to Massively Accumulate Precious Metals Mining Shares
By GCRU Gold News on Sunday, September 11 2016, 02:17 - Permalink
The two most recent examples of Western Central Banks moving into precious metals in a serious way are the Swiss and Norwegian Central Banks.
Both banks are being reported to have printed close to $1 billion dollars of fiat money as of recently. This should come as no shock to anyone, as this is all Central Banks know how to do - print money.
What is more stunning, however, is where they immediately moved these funds. You guessed it right - into precious metals.
Below, you will find two lists compiled by Smaulgld, which showcases the current gold mining stock holdings of both the Swiss and Norwegian Central Banks:
Switzerland and Norway Begin to Massively Accumulate Precious Metals Mining Shares