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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

-1.8%

Nov 14 4:00 PM EST

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To: carranza2 who wrote (103137)	10/11/2013 3:15:32 AM
From: TobagoJack	Read Replies (1) of 217818

the flow of gold continues unabated, and the direction is as was, therefore the vector remains aligned w/ the state of is arabianmoney.net Hong Kong gold imports surge to highest ever on record, more than monthly global gold productionPosted on 10 October 2013 with no comments from readers Perhaps a little belatedly the gold import statistics for August have just been released in Hong Kong and they show a dramatic surge in imports and re-exports to mainland China with almost 300 tonnes imported. That is actually more than the entire global production of gold from mining for the month. We are not making this stuff up. Here’s the graph: That said net imports into the Chinese mainland, once flows from China into Hong Kong are deducted, were down from 120 to 110.5 tonnes in August. This is traditionally the quietest month of the year for gold trading so who knows what comes next? It was back in May that we noticed the Chinese aunties buying up gold like there was no tomorrow. These ladies know a bargain offer when they see one.

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