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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: No Mo Mo who wrote (100178)4/19/2013 1:12:20 PM
From: No Mo Mo  Read Replies (1) | Respond to of 218810
 
19 April 2013

Chinese Precious Metals Exchange Has 'Almost Run Out of Available Gold Bullion'


Hong Kong's century old Chinese Precious Metals Exchange has reportedly almost run out of gold bullion at these price levels and is waiting for imports to come in next week from Switzerland and London.

jessescrossroadscafe.blogspot.com



To: No Mo Mo who wrote (100178)4/19/2013 3:04:41 PM
From: TobagoJack  Read Replies (2) | Respond to of 218810
 
A very curious bear market

Below chinanews.com is a new item reached from link provided

on the web site of the Chinese gold & silver exchange society cgse.com.hk

Re an interview given by the society's chairman, and the noteworthy points are (i) buying of physical gold has reach

"mad / manic" state, (ii) on Monday before noon the society's 171 members (all dealing in monetary gold, none selling jewelry)

were emptied of inventory, (iii) phone orders kept coming in, and lines formed, have not seen such conditions in years,

(iv) stock-out conditions developing at retail level for certain gold jewelry products

chinanews.com