tv
eye 16
favorite 0
quote 0
shanghai gold exchange is nine hundred eighteen tons this is strikingly in contrast to the gold delivery on the comix which then said only one hundred three tons year to date as the at the end of may so china is consuming every single ounce every single ton basically produced so far this year and yet also the fear. dominated markets and commentators in the west focus only on what's happening in the comix and what western investors are doing with their piddling little one. one hundred three. it's a curious thing as a during the recent sell off in gold the demand for gold in asia and around the world has skyrocketed to all time highs and so when the gold bull market resumes and you see two thousand three thousand five thousand dollars an ounce for gold most of the gold will be held by middle east and other entities and you know following on this jesse is cafe american rights that c.m.e. reports that brinks has a seventy percent decline in registered gold bullion supply and brinks is now being depleted they have gone from four hundred forty seven thousand one hundred ninety nine ounces on j