Tag: gold supply & demand

China’s Strategy Starting To Corner The Gold Market

China’s Strategy Starting To Corner The Gold Market

China has a 4-way global gold supply domination strategy. And it’s starting to corner the market. First, China buys physical gold in world markets, fabricates it where necessary into “good delivery” bars – in Switzerland or the Middle East – then ships the bullion, transparently through Hong Kong or Shanghai. Second, it keeps virtually all domestically mined gold “in house.” Third, China partners with or buys high grade, in-situ gold projects around the globe. Fourth, China’s efforts to purchase “off the books” gold production from what are known as informa or artisanal gold miners in Africa and South America.

Continue Reading

David Morgan: Gold and Silver Free Markets Will Take Over At Some Point

David Morgan: Gold and Silver Free Markets Will Take Over At Some Point

A lot of these paper markets are used by the powers that be to maintain a certain price level while the physical market is doing something else. That is the point about manipulation. Every manipulation in mankind has always come to a point because the free market is always smarter than mankind no matter how smart these people are.

Continue Reading

There You Have Gold’s Unique Feature: Price Down, Demand Up

There You Have Gold’s Unique Feature: Price Down, Demand Up

What is currently unfolding in the gold market is truly astonishing, especially in Asia. Ggld coin demand is exploding also in Europe and mints can’t keep up with demand. Things are so extreme in Asia that (a lack of) storage is becoming an issue. Which other financial asset sees demand exploding when prices go down?

Continue Reading

New Trend Guarantees Higher Gold Prices

New Trend Guarantees Higher Gold Prices

Based on the research we’ve done, it is my opinion that after a bump in output early in 2014, the shortfall will become increasingly evident by the end of the year and reach fractious levels by 2015.

Continue Reading

Gold Production Decline Imminent

Gold Production Decline Imminent

I truly believe it will be the lack of backfill that will smack the gold-mining industry the hardest. Not only are the large producers cutting way back on their exploration spending, the junior sector has all but ceased exploring and advancing projects. I discussed the huge crisis of confidence currently strangling the junior sector in a previous essay. And it’s not hard to conclude that a lack of activity in this realm will adversely impact global mine production in the years ahead.

Continue Reading

Do Western Central Banks Have Any Gold Left? Part III

Do Western Central Banks Have Any Gold Left? Part III

This was all orchestrated to increase supply and tame demand. We believe that central planners are now running out of options to suppress the gold price. After taking a pause, the secular gold bull market is set to continue.

Continue Reading

Global Gold Demand 2012

| February 15, 2013 | Articles: General
Global Gold Demand 2012

The latest World Gold Council report is out. It details the gold demand for the fourth quarter of 2012 and gives the total 2012 figures. In this article, we pick out the highlights in the 2012 global gold demand.

Continue Reading

January US Gold & Silver Eagle Sales Into Perspective

| January 30, 2013 | Articles: General
January US Gold & Silver Eagle Sales Into Perspective

The sales of US Silver Eagles, as reported by the US Mint, have skyrocketed in the month of January. Truly, the spike is exceptional for silver, but there is a significant difference with the Gold coin sales. We would like to put these figures into perspective, in order to add some value to this news event.

Continue Reading

Misunderstanding Gold Demand

| January 22, 2013 | Articles: Insights
Misunderstanding Gold Demand

Most gold market research is based on the premise that the supply side of the market can be characterized by the quantity supplied and demand side by the quantity demanded. The specific cause and effect relationship between these two variables and price is often unstated; and perhaps rightfully so: is it not obvious that a greater quantity demanded is the cause of a higher price, and that a greater quantity supplied is responsible for a lower price? No! This article will show that market forecasts based on quantities of gold are meaningless.

Continue Reading

Gold In China – Update November 2012

| November 16, 2012 | Articles: General

Lots of news is coming out of China these days. We’ve selected the three most valuable insights and quote them in this article. Today Mineweb wrote that gold demand in Q3 had fallen compared to a year earlier and that the decrease was due to decreased demand out of China as the Chinese economy is slowing down. Global gold demand dropped 11 percent in the three months to September from record levels seen in the same period last year, dampened mainly by fading Chinese fervour as its economy slowed, with stronger Indian demand stemming a larger fall, the World Gold Council said. Chinese gold consumption fell 8 percent in the July […]

Continue Reading

Central Banks’ Paper Gold vs Physical Gold: Is The Dust Settling?

| October 26, 2012 | Articles: General

Much has been written lately with regard to the central banks’ gold holdings. One of the triggers was the news out of Germany, where the debate about Germany’s real gold holdings became very hot this week. Among others, financial journalist Lars Schall came out with the results of his “field research”. His findings were that institutions like the German Bundesbank, the Bank of England, the US Federal Reserve and the IMF, refuse to reveal figures about  their real physical gold holdings. It’s a confirmation of what was already known, but it caught the attention of mainly the alternative media as well as GATA and increases the pressure for transparency. The “good news” from […]

Continue Reading

Global Gold Supply 3

| April 28, 2012 | Articles: Insights
Global Gold Supply 3

Ever since the beginning of gold’s bull market, this metal’s economic balance has come under intense scrutiny. Demand has been on the rise as more and more investors have embraced gold as a store of wealth. And the supply chain has done its best to meet this growing demand. However considering gold’s sharply rising price over the last decade, it is clear that this market has been experiencing a major structural imbalance. And the supply side of the equation has proven to be a fascinatingly volatile realm, making it quite difficult to set the scale. Interestingly this supply volatility is somewhat of a new phenomenon, as the major supply sources […]

Continue Reading