Editor’s Disclosure: Some of the ads we run on our sites and on my shows discuss buying gold from America First precious metals companies since central banks and other entities “in the know” have been making unprecedented moves recently. The article below by Arsenio Toledo from Natural News is NOT a sponsored post. It just happens to reiterate what we’ve been warning about for a while. With that said, here’s Arsenio…
Despite claims from central banks and governments that they have avoided a greater global economic meltdown, inflation is still on the rise and recession is still on its way – and central banks are preparing for it by stockpiling even more gold.
This is according to Lynette Zang, chief market analyst of ITM trading, who warned that central banks haven’t actually been able to get inflation under control.
“You know, all those calls that things were really, ‘Maybe we would avoid a recession’ and ‘Oh, things aren’t that bad’ and ‘Maybe we’ll get a mild recession’ and ‘The central banks now have … inflation under control’ and blah, blah, blah. Well, guess what’s rearing its ugly head again? That would be more inflation,” Zang said.
New inflation indicators from the United States, China and Germany strengthened the belief of financial markets that high interest rates would be in force longer than expected.
In the U.S., prices for raw materials surged in February, strongly indicating that inflation will remain elevated. Over two weeks prior, the latest consumer price report showed that consumer prices climbed 6.4 percent in January year-over-year, only 0.1 percent down from the year-over-year increase recorded in December. Furthermore, consumer prices increased 0.5 percent from December to January, much higher than the 0.1 percent rise recorded from November to December.
Despite all of this data proving that inflation is still a persistent threat and the recession is still nearby, Secretary of the Treasury Janet Yellen claims the government has it under control.
“I would say, ‘So far, so good,’” said Yellen, who formerly led the Federal Reserve from 2014 to 2018. “Obviously, there are risks, and the global situation we face is very uncertain. There can be shocks from it. But look, inflation still is too high, but generally if you look over the last year, inflation has been coming down.”
Central bank gold demand skyrockets
According to the latest report from the World Gold Council, central bank gold demand in 2023 has picked up from the already-high level of demand it left off in 2022. (Related: Global DE-DOLLARIZATION is on the way as world’s central banks buy gold at fastest pace in 55 years.)
In 2022, central banks collectively added a net 31 tons to global gold reserves, a 16 percent month-over-month increase from December 2022. This is also within the 20- to 60-ton range of purchases central banks have been reporting for the last 10 consecutive months of net buying.
The largest reported central bank purchaser in January is Turkey, whose central bank added 23 tons to its official gold reserves, which now stand at 565 tons. The People’s Bank of China comes in second, adding 15 tons on top of the 62 tons of gold it reported purchasing between November and December 2022. Its reported gold reserves now total 2,025 tons, or 3.7 percent of the world’s total reported reserves.
The National Bank of Kazakhstan came in third after increasing its gold reserves by four tons, a modest sum compared to Turkey and China, but still substantial. Its total reported reserves rose to 356 tons.
“If you think about how much buying central banks have been doing really, since 2005, and more significantly, it turned as a positive net in 2010,” said Zang. “They’ve been accumulating gold, getting ready for this day. So have I. Have you? You really wanna think about it.”
Learn more about the current status of the gold market amid heightened economic instability at GoldReport.news.
Watch this episode of “ITM Trading Insights” with Lynette Zang as she discusses the ongoing inflation crisis, the coming recession and how central banks are preparing by stockpiling gold.
This video is from the ITM Trading, Inc. channel on Brighteon.com.
More related stories:
- Federal government hides true rate of inflation by changing how CPI is calculated.
- Credit card debt SURGES tp record-high $930.6 billion and will keep increasing due to inflation, interest rates.
- Demand for gold surges to highest rate in over a decade as world’s central banks continue buying spree.
- Central banks all over the world are buying gold at a furious pace.
- Health Ranger Report: Gold and silver can help safeguard your assets as COLLAPSE of traditional pension systems looms.
Sources include:
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Two Storms, One Harvest
Every food crisis in living memory has been a one-shock event. The 2008 price spike was a commodity bubble. The 2020 shortages were a logistics failure. The 2022 grain scare was a war on one exporter’s ports. Each time, the system bent, adjusted, and recovered, and each time the experts assured us afterward that global markets are simply too big and too diversified to fail.
What nobody in Washington seems eager to discuss is that 2026 is shaping up to be something the modern food system has never actually faced. Two independent shocks, one climatic and one geopolitical, are converging on the same harvest cycle at the same time. Not sequentially. Simultaneously.
Start with the weather. The Pacific Ocean is currently building toward what forecasters now openly call a record event. NOAA’s Climate Prediction Center puts the odds of at least a strong El Niño near 88 percent, with roughly two in three odds it reaches “very strong” status, the tier reserved for perhaps three or four events in the entire satellite era. Every major global model now projects a median peak in Super El Niño territory, and most of them project it exceeding the 2015-16 event, which until now held the modern record. Sea surface anomalies were already brushing the super threshold in mid-July, months before these events normally peak. The atmosphere has already shifted into El Niño mode, and the event is forecast to crest in late fall and early winter.
This is not about “climate change.” It’s about the standard cycles of weather, and the cycle we’re currently in is one that has likely devastated societies in the past. We’re better prepared as a society today, but not all Americans are equally prepared.
Serious households have started doing the quiet math on their own. Grocery bills tell part of the story, and the forecast maps tell the rest, which is why long-term food storage has moved from fringe hobby to mainstream line item in the family budget, with established suppliers like Heaven’s Harvest seeing demand from people who five years ago would have rolled their eyes at the idea. That instinct is not paranoia. It is pattern recognition, and the pattern is worth walking through carefully.
Editor’s Note: Heaven’s Harvest IS a sponsor, but the warnings of this article are real and would be written even if we didn’t have a survival food sponsor. With that said, those who take advantage of what they offer can use promo code “Patriot” for 15% off.
The Fertilizer Clock Is Already Running
While the Pacific warms, the second shock has been unfolding in the Strait of Hormuz. The conflict with Iran turned the world’s most important energy chokepoint into a contested waterway, and the consequences reach far beyond the gas pump. Roughly a third of global fertilizer trade moves through Hormuz, and the disruption sent urea prices up 86 percent year over year by March, with a 53 percent jump in a single month.
The World Bank projects energy prices rising about 24 percent in 2026 and fertilizer about 31 percent. By its own accounting, fertilizer prices ran 35 percent higher in the first five months of this year than the same period last year.
Here is the mechanism the nightly news will not explain. Fertilizer is not a grocery item. It is a time-delayed input. The nitrogen a farmer in Iowa or Punjab could not afford to apply this spring does not show up as a problem this spring. It shows up as a thinner harvest six to twelve months later.
The World Bank’s own food security brief concedes that the effects of reduced applications earlier this season “are likely to become visible only later in harvest outcomes.” Translate that from institutional language into plain English and it means this. The damage is already done, it is already in the ground, and we are simply waiting for it to arrive on the shelf.
Now check the calendar. Six to twelve months from the spring planting season lands us squarely in late 2026 and early 2027. Which is precisely when the strongest El Niño in the instrumental record is forecast to peak, bringing its signature droughts to Southeast Asia, Australia, southern Africa, northern Brazil, and South Asia, the very regions that grow the world’s rice, sugar, and oilseeds.
The World Bank warns openly that a strong El Niño “could disrupt multiple crop belts simultaneously” on top of the conflict-driven input costs. Their baseline projection assumes the Middle East disruptions ease by autumn. What in the last two years of Middle East history suggests that assumption is safe?
The System Has No Slack Left
The comfortable answer is that global markets always adjust. But adjustment requires slack, and the slack is gone. Global cereal production is expected to decline from last year’s records even before El Niño does its work. The UN World Food Programme, hardly a den of right-wing preppers, is calling this the most significant disruption to its supply chains since Covid and the invasion of Ukraine, and its supply chain director put the stakes bluntly.
Today’s supply chain challenges are tomorrow’s hunger crisis.
There is also a political dimension that markets cannot price. When food gets scarce, governments do not behave like economists. They behave like politicians. Export bans, hoarding mandates, and panic buying at the national level turned the modest rice shortfall of 2008 into a global crisis, and analysts are already warning that import-dependent nations are the first dominoes.
The 2015-16 Super El Niño, a far weaker event than what is now forecast, threw tens of millions into food stress across Africa and Asia. This one is projected to be stronger, and it arrives with fertilizer already rationed by price and shipping lanes already contested by missiles.
What Joseph Knew
Scripture does not treat preparation for lean years as faithlessness. It treats it as wisdom delivered in advance to those willing to act on it.
Behold, there come seven years of great plenty throughout all the land of Egypt: And there shall arise after them seven years of famine; and all the plenty shall be forgotten in the land of Egypt.
Joseph did not respond to that warning with a hashtag or a committee. He stored grain during the years of abundance, and when the famine came, Egypt stood while its neighbors begged. The lesson is not that famine is certain. It is that the time to prepare is precisely when preparation still looks optional.
Nobody who filled a pantry in a year of plenty has ever regretted it, and nobody standing in an empty aisle has ever been glad he waited for certainty.
None of this calls for panic, and panic is the enemy of sound judgment anyway. It calls for the same unglamorous prudence our grandparents considered ordinary. Keep some cash margin, know your local growers, and put real food in deep storage while it is cheap and available, because the entire arc of this story is that cheap and available is a closing window.
Families looking for a straightforward place to start can visit Heaven’s Harvest and use promo code Patriot for 15 percent off long-term storable food. The forecasts may yet soften, the strait may yet reopen, and we should pray they do. But hope is a fine thing to hold and a foolish thing to eat.