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Re: robgera post# 1364

Wednesday, 01/01/2014 4:58:45 PM

Wednesday, January 01, 2014 4:58:45 PM

Post# of 2865
robgera welcome to Goldcorp (GG)
good to see you @ Goldcorp smile
#1 folowing friend mark to you my friend -

China will have imported 2,000 tonnes of gold this year
Submitted by cpowell on Sat, 2013-12-14 04:46.
Section: Daily Dispatches
11:50p ET Friday, December 13, 2013

Dear Friend of GATA and Gold:

Gold market researcher and GATA consultant Koos Jansen today
presents a comprehensive review of China's gold market, discerns
how certain data has misled the GFMS consultancy and its client
the World Gold Council into severely underestimating Chinese
demand, and concludes that total Chinese gold demand for 2013 will
reach well more than
2,500 tonnes and net imports probably 2,000 tonnes.

The latter figure would be most of annual world gold mine
production, leaving little for India and the rest of Asia even as
they also are recognized as big importers.

This raises the question of where all the extra metal is coming
from if not, as Sprott Asset Management's Eric Sprott has
inferred, from Western central bank vaults through surreptitious
swaps and leases and from the spooking of investors in
Western exchange-traded funds.

Jansen's commentary is headlined "Shanghai Gold Exchange Physical
Delivery Equals Chinese Demand, Part 2" and it's posted at his
Internet site, In Gold We Trust, here:


http://www.ingoldwetrust.ch/shanghai-gold-exchange-physical-delivery-equals-chinese-demand-part2

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95282961

Happy New Year -
God Bless


My opinions are my own and and DD I post should be confirmed as unbiased

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