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NYBob

12/17/13 11:39 PM

#287843 RE: AugustaFriends #287836

Chinese Gold demand will be well over 2500 tons -

2013 total Chinese demand will be well over 2500 tons and
net import will likely reach 2000 tons -
with China Mainland Gold Import Accelerating


Read more at
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95068098

China Mainland Gold Import Accelerating

This week the the Hong Kong Census and Statistics Department
officially released their trade numbers from October.
Whilst they offer specific numbers in advance to anybody
willing to pay, I rather wait for the total booklet to be
published free of charge.

Most significant is the amount of gold net exported to the
mainland, up 21 tons from 109 tons in September to 130.2 tons
in October, + 19 % m/m, +446 % y/y, just shy of the all time
record of 130.3 tons in March.
Reinforcing an upward trend that started in 2011.
Year to date Hong Kong net gold export to the mainland stands
at 957 tons, + 200 % relative to the same period in 2012.







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God Bless