BANK CRISIS

The People Who Print Money Are Buying Gold by the Ton — And That Should Terrify You

April 22, 2026 4 min read By Phoenix Capital Research

Central banks now own ~18% of all the above ground gold in the world.

That is not a typo.

The people who can literally print money at will are loading up on the world’s best hedge against currency devaluation. And now by a little… they’re purchasing gold by the hundreds of tonnes per year.

The buying binge began in 2020. That year they bought 255 tonnes of gold.

The next year, 2021, they bought nearly double that… 463 tonnes of gold.

In 2022, things really got serious, with central bank purchases of gold clearing 1,000 tonnes. In fact, this was their highest net purchases of the precious metal since 1950.

They repeated this feat in 2023 and 2024, buying over 1,000 tonnes of gold both years. And in 2025, they bought an additional 863 tonnes of gold.

As a result of this buying binge, central banks now own more gold than U.S. treasuries as a percentage of foreign reserves.

Even more astonishing, central banks now own ~18% of all the above ground gold in the world.

This is just more evidence that the financial system as a whole is shifting into hard assets. When the deepest pockets in the world, the people who can literally print money at the touch of a button are loading up on gold to the tunes of hundreds of tonnes by the year,  it is clear the world is moving into an era of aggressive currency devaluation. Why else would central banks be fortifying their balance sheets with such massive gold purchases?

Indeed, gold has broken out against every major currency (the $USD, Euro, Yen and Franc).

This is THE defining trend for the financial system today. And with the right investments, investors stand to make a fortune.

On that note, we just published a Special Investment Report concerning FIVE secret investments you can use profit from the next major bull run in precious metals miners.

The report is titled Survive the Inflationary Storm. And it explains my top precious metals plays, including their names, their symbols, and the resources they own. These are HIGH OCTANE positions that rallied 75%, 140%, 150%, 180%, 280% and an incredible 574% in 2025! And I wouldn’t be surprised to see them repeat this performance in 2026.

Normally I’d charge $499 for this report as a standalone item, but in light of what is unfolding today, we are making just 100 copies available to the public.

To grab one of the last remaining copies…

CLICK HERE NOW!

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

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