Central Banks Are Hoarding Gold While Silver Investors Double Down—Here’s What That Means for Your Wealth

Let me ask you something, friend—do you really trust the folks running the show right now? Because the world’s central banks sure don’t. They’re quietly stacking gold like there’s no tomorrow, while everyday investors are waking up to silver’s potential before the next wave of inflation hits.

According to the latest data out of Heraeus, May was another banner month for sovereign gold hoarding. Central banks bought 20 more tonnes of gold, with Kazakhstan, Turkey, and Poland leading the charge. That’s not just a blip—it’s part of a pattern that’s been running three years straight. Over 1,000 tonnes a year are being pulled off the market by governments desperate to shore up their reserves against the crumbling US dollar.

Think of fiat currency like a used car with a bad transmission. Every time you turn the key—print more dollars—it loses a little more value. These central bankers know it, and they’re swapping paper promises for something that can’t be devalued by a printing press.

“95% of surveyed central banks expect global gold holdings to rise,” Heraeus reports. Almost half plan to increase their own reserves to record levels. That should tell you something: the people with the best insider info are preparing for more chaos.

Even while bond yields hover between 3.5% and 5%, gold has skyrocketed from $2,000 an ounce to over $3,400. Correlations that used to drive the markets have broken down because this isn’t just about interest rates—it’s about survival.

Spot Gold Price Update:

• Last trade: $3,320.89/oz, down modestly as traders catch their breath
• Expect central bank buying to keep supporting these levels into late 2025

Silver Is Still the Underdog—And That’s Exactly Why It’s So Powerful

While gold grabs the headlines, silver is making its own stealthy comeback. Since early June, investors have shoveled 990 tonnes of silver into ETFs. That’s more than 50% of all silver ETF inflows for the year packed into a few short weeks.

Silver holdings are now sitting above 24,000 tonnes—the highest since 2022. And let me be blunt: silver is historically dirt cheap compared to gold. The gold-to-silver ratio is over 90 to 1, when the ten-year average is closer to 80. That’s like buying an apartment building at a 20% discount while everyone else argues about interest rates.

Spot Silver Price Update:

• Closed last week at a fresh high: $36.91/oz
• Pullback to $36.665/oz early Monday, but strong hands keep stepping in

If you think silver’s run is over, think again. This kind of accumulation doesn’t happen unless big money is positioning for the next leg up.

Platinum Surged Fast—But It May Be Catching Its Breath

Platinum has also had quite a run—five straight weeks higher, topping out near $1,394/oz. But the rally has been frenetic, with intraday swings of up to $50.

South African producers like Impala Platinum are now consolidating operations to cut costs. Last week, Impala officially merged its mines with Royal Bafokeng Platinum to squeeze out efficiencies. On paper, that’s smart—but it also signals producers are preparing for thinner margins as mining inflation eats into profits.

Platinum may have to digest these gains before moving higher again.

Spot Platinum Price Update:

• Monday morning low: $1,341.94/oz
• Recovering to $1,363.53/oz, still down over 2% on the session

The Bottom Line—Don’t Be the Last One Out of Fiat

Look, I didn’t grow up with a silver spoon. My folks taught me to save, but they never imagined the day when governments would openly devalue their own currencies and brag about it on TV. This is that day.

Central banks are hoarding gold for a reason. Investors are rediscovering silver before the price resets. Platinum has its own role, but gold and silver are the cornerstones.

If you’re still sitting on piles of dollars in your bank account, you’re effectively gambling your savings on the competence of politicians and bureaucrats. History shows that bet doesn’t end well.

Protect yourself while you still can.

Download Bill Brocius’ free eBook, Seven Steps to Protect Yourself from Bank Failure, right now.

Subscribe to Dedollarize products and get the tools you need to survive and thrive.

Because when the next shock hits—and it will—you’ll be glad you traded paper promises for real assets you can hold in your hand.