Tag: gold from west to east

Negative Interest Rates And Cashless Society Are Theft

Negative Interest Rates And Cashless Society Are Theft

According to Thomas Bachheimer, the European states are moving towards a cashless society. If this is the way the ECB wants to go, they could use Greece as a test case for negative interest rates, which, by the way, are nothing but theft.

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How Eastern Gold Demand Is Transforming The Gold Market

How Eastern Gold Demand Is Transforming The Gold Market

With his strategic position at the Perth Mint, Bron Suchecki has an excellent view on the gold market. The current situation, specifically at the Perth Mint, is characterized by no selling but also by a lack of new buying (at private investment level). Last year’s selling has been concentrated in the ETF’s and short term trading (on institutional level). Selling appears to be exhausting at this point, which is an important evolution. Increased Western gold demand in the future could lead to a squeeze because existing Eastern holders will be the suppliers, and they will only offer the metal at higher prices.

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Which Drivers Made Of China The World’s Largest Gold Market?

Which Drivers Made Of China The World’s Largest Gold Market?

In this article, Frank Holmes from USFunds.com explains the drivers behind the Chinese gold market, and how China established to become the world’s largest gold market. In sum, he says that consumer demand has exploded because the purchasing power of the middle class has increased, that industrial demand has gone up as well, while the central bank has exchanged much of its dollar into gold.

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“Something Is Wrong”, But Little Change Will Occur Until It Is Forced

| December 4, 2013 | Category: Investing
“Something Is Wrong”, But Little Change Will Occur Until It Is Forced

Interlocking complicity produces a degree of stability as it helps maintain the status quo, which is very important to the powers-that-be. Interlocking complicity ensures that accountability, oversight, and ethical practices are low priorities, while payoffs and no-bid contracts will maintain their important role in government operations. Interlocking complicity ensures that little change will occur until it is forced upon us.

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China Imports 0.7% Less Gold Than August, Bloombergs Says Slowdown

China Imports 0.7% Less Gold Than August, Bloombergs Says Slowdown

Net imports, after deducting flows from China into Hong Kong, were 109.4 metric tons in September, from 110.2 tons a month earlier. It is astonishing that Bloomberg reads a “slowdown” in these data. The facts are that, since the year 2000, only two months saw significantly higher imports than September, i.e. March and July of this year.

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