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

To: bull_dozer who wrote (203434)	12/29/2023 2:38:31 AM
From: TobagoJack	Respond to of 218273

Re <<*May be the fcking fcks are reading my posts...<G>>> I am counting on several vectors (1) as Americans crowds no longer have to go to little shops in questionable neighbourhoods to acquire gold, they would buy more (2) as Chinese mobs can obviate the difficulties w/ holding paper gold, they would buy more (3) as both crowds and mobs get hands on lovely-lovely physical gold, the shiny stuff, and once such warms the hands, they would like what they hold and want to hold more, and more, and more (4) as efficacy of anti-fragile / anti-inflation nature of gold dawns on crowds and mobs, they would figure out the mathematics, and ... well ... you know Speaking of which, just in, fresh off of the grill, piping hot, steam still rising, scorching almost ... well ... materially indicative in any case, for the mobs clearly more restless Total gold imports via Hong Kong were up 37% at 46.049 tons compared to last month and up 120.9% from last year.* mining.com China’s net gold imports via Hong Kong rise in November Total gold imports via Hong Kong were up 37% at 46.049 tons compared to last month and up 120.9% from last year. “Towards the end of the year, China utilized some import quotas and relaxed some imports ahead of the Chinese New Year in February,” said Bernard Sin, regional director of Greater China at MKS PAMP. “In December, we will see a continuation in imports via Hong Kong and the rest of the world.” The People’s Bank of China controls the amount of gold entering the country via quotas to commercial banks. The Hong Kong data may not provide a complete picture of Chinese purchases, as gold is also imported via Shanghai and Beijing. Last month, China also saw higher gold shipments on a monthly basis from Switzerland. The value of China’s gold reserves rose to $145.7 billion at the end of November from $142.17 billion at end-October. Chinese dealers sold gold at premiums of anywhere between $20 and $58 an ounce over global benchmark spot prices last month, from $25-$60 range seen in October. (By Ashitha Shivaprasad; Editing by William Maclean and Alexandra Hudson)