New reports have emerged about an unusual gold haven used by billionaires:
A set of secret Swiss military bunkers built back in World War II.
Located under the Swiss Alps, these new gold vaults are becoming the world’s largest store of gold.
Bloomberg even goes so far as to call them…
“The New Swiss Bank Accounts”
That’s because sources say the uber-wealthy are using them as “alternatives to bank deposits”.
According to the Swiss defense department, over 1,000 of these bunkers still exist. And in recent years hundreds of them have been sold off as private storage facilities, where billionaires are storing unusually large quantities of gold.
The gold trade is a huge part of the Swiss economy,” says John Cassara, a former U.S. Treasury special agent.”
In the first half of this year, 1,357 metric tons of gold-worth about $40 billion-were imported into Switzerland, breaking the previous record set in 2013.
See the tunnel in the image to your left? Most of this imported gold ends up in vaults just like this one.
This story is just the tip of the iceberg though…
A recent development several thousand miles south of the Swiss Alps has billionaires poised for the gold buying spree of a lifetime.
By December 31, they’re poised to enter the gold market for the first time in decades.
When all is said and done, the world’s available gold supply could vanish in mere hours.
This mass gold frenzy comes alongside one of gold’s hottest quarters on record, as the price surged from a decade-low of $1,050 to $1,350.
And experts agree: The day where gold hits $5,000 is almost here…
This situation is so potentially enormous, that gold expert Doug Casey says that gold is about to “create a whole new class of millionaires”.
“$5,000 gold is coming,” says Peter Schiff, the legendary investor who predicted the 2008 housing crash.
Pundits would have you believe that it’s all about zero interest rates or central bank policies.
They couldn’t be more wrong…
The real reason is one they’re not paying attention to, and could push gold past $5,000.
Make no mistake: This will enrich a handful of gold investors.
Incredibly, this massive global shift all starts with a controversial law going into effect by December 31.