CUSIP Tracked Metals Plummet

CUSIP – A Veiled Form of Government Coercion

On September 26, 2016, the US Banking Industry had expanded its powers to tag and digitally surveil a number of precious metal products, many of which happened to be private assets. If you hold physical gold and silver, it’s important to realize that the safety of your assets have been severely compromised.

Last September, the American Bankers Association in conjunction with CUSIP Global Services (CGS) had begun tracking 93 precious metal products in depository storage.

These products were assigned standardized CUSIP identifiers: a 45-year old system used to tag, identify, and regulate specific financial products. With over nine million financial instruments in their system, CUSIP had set its sights toward expanding its claim over large segments of the precious metals industry.

 

The Risk to Your Safe Haven Assets

Why is this a big deal? First off, many of these assets were purchased as a hedge to protect against dollar-denominated instruments subject to inflationary risk. In fact, the absence of CUSIP identifiers for many physical precious metals products is the very thing that made them “safe haven” investment during times of financial catastrophe.

With CUSIP, all of that has changed. And you would wonder: “Why did the US Banking Industry take this step?” Well, there are two ways to view it:

The public narrative may seem harmless: it adds to the “efficiency” of the precious metals markets, making these assets globally recognizable and fungible–easily convertible into other forms of money or assets.

But the implicit narrative harbors something a bit more nefarious: it allows government to exert tighter control at the expense of your financial privacy and freedom.

Bear in mind that central planners don’t want you to withdraw your assets from the bank. As long as your assets stay with the bank, the bank, in turn, can use your assets to prop up its fragile fractional reserve system. But when the banking system crumbles, the value of your regulated assets go with it.

Dump CUSIP Gold & Silver – Follow The Smart Money

The recent 50% year-over-year plummet in sales of the US Mint Gold and Silver American eagle coincides with their inclusion on the CUSIP list. Although metals have been sliding, it’s worth noting that gold has been in an uptrend since the end of December 2016, with silver experiencing a rollercoaster effect. The CUSIP listed Proof Silver American Eagle (a once coveted private asset) have lost approximately 40% of their fixed value in a slightly up silver market. However, at current price levels, both metals provide tremendous opportunities for investors to purchase non-CUSIP gold and silver coins.

If there is one thing that “smart money” does that most investors cannot do, it’s this: to buy sound assets during fire sales and to sell unstable assets during periods of irrational exuberance. And this is what is happening in our current precious metals markets.

But despite these opportunities, the digitization of precious metals–a desperate move by central planners–has complicated the situation a bit. It forces smart investors to change tactics to remain protected and unexposed to banking risks.

Surprisingly, the solutions are quite simple:

  • Convert your wealth to forms of gold and silver that are difficult for governments to regulate. We can assist you with this process.
  • If you are a Precious Metals IRA holder, contact us for a full list of compliant depositories with CGS.
  • If you are privately holding precious metals, click here for a complete list of assets under CUSIP. You’ll find the sheer number of targeted products shocking.

Let us help you protect your wealth from the desperate workings of the Global Banking System and Big Government.

Contact us at 800-474-9159 to learn more.

By Jeff Cavanna | GSI Exchange Media Correspondent