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Thread: Who buys gold ?

  1. #2951
    Join Date
    Jan 2017
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    4,129

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    Q1-2023 The biggest central bank gold buyer was Singapore.

    https://www.bullionstar.com/blogs/ro...er-in-q1-2023/

    My note: Singapore was also the biggest gold supplier to China.
    See reports of Koos Jansen.

  2. #2952

    Default

    Quote Originally Posted by oak333 View Post
    Q1-2023 The biggest central bank gold buyer was Singapore.

    https://www.bullionstar.com/blogs/ro...er-in-q1-2023/

    My note: Singapore was also the biggest gold supplier to China.
    See reports of Koos Jansen.
    Who are they buying from?
    Politicians and diapers must be changed often, and for the same reason. -Mark Twain

    The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. -Leo Rosten

  3. #2953

    Default A lot of different entities including Central Banks

    I'd buy Gold if I were you. Become your own Central Bank.

    Tall Tom
    I Cor 13
    $ Dollar Guessing Game Trophy
    The reason it is BLACK is because the Dollar is DOOMED

  4. #2954

    Default

    Tall Tom is back!

    It's been many many years, he was once a prominent figure here when the forum was more active.

    Tom, it's good to see you back and alive, if you can visit more often maybe you can help bring back more life and interest in gold money.
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  5. #2955
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    Jan 2017
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    4,129

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    Most gold exports to Asia are from Switzerland.
    Most gold imports in Switzerland are from London.

    https://www.reuters.com/article/gold...A1J09T20140220

  6. #2956

    Default

    Hear hear!!

    Welcome back Tall Tom.

  7. #2957

    Default

    What's the Frequency, Kenneth?

    432Hz

  8. #2958
    Join Date
    Jan 2017
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    4,129

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    AnnuaL gold demand soars to a record high in 2022.

    https://www.gold.org/news-and-events...cade-high-2022

    Annual gold demand increased 18 % in 2022 YOY,
    hitting 4,741 tonnes.

    This is the highest annual gold demand since 2011 .

    My note: In 2011 gold reached a record high, briefly surpassed in 2022.

  9. #2959
    Join Date
    Jan 2017
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    4,129

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    Actually gold is clearly going up, as shown by the uninterrupted
    march upwards of the 200 days moving average for 5 years.

    https://schrts.co/FHaaQUgg

  10. #2960
    Join Date
    May 2013
    Posts
    1,491

    Default

    If the change in GDP isn't higher than the inflation rate , then, for all practical purposes, It's a recession, Because the higher price of goods and services due to inflation would show more cash flow without any change in consumption. thus a FAKE expansion of the economy.

    Ag guy
    live for today, admit your faults, do the right thing (even if you don't want to) & trust God!
    This life is the training of the soul for the life to come. (accept that we live in a fallen world)
    Whether you know it or not, you are a spiritual eternal being! Ag guy

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