Wednesday, January 01, 2014 4:58:45 PM
good to see you @ Goldcorp
#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
Recent NGT News
- NOVA COMPLETES ACQUISITION OF ROYALTY ON NEWMONT'S SADDLE NORTH DEPOSIT IN BRITISH COLUMBIA • PR Newswire (Canada) • 07/13/2023 11:00:00 AM
- L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - NGT • PR Newswire (Canada) • 06/08/2023 07:46:00 PM
- Canadian Investment Regulatory Organization Trade Resumption - NGT • PR Newswire (Canada) • 06/08/2023 07:44:00 PM
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - NGT • PR Newswire (Canada) • 06/08/2023 06:50:00 PM
- Canadian Investment Regulatory Organization Trading Halt - NGT • PR Newswire (Canada) • 06/08/2023 06:47:00 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM