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Thread: Who buys gold ?

  1. #21

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    I think the powerhouse economies have been doing so well (hello QE), that people can become a bit wary, so many profits to be taken in equities, the money pile grows, it's gotta go somewhere, safe haven buying? Just a guess but if folks are taking profits out of equities but the currency is falling in value where you going to go? Bonds are crap.. Last year was 2nd highest inflows into gold ETF, prior was 2009. Private Gold demand fell a bit 4th quarter 2016 yoy, hmmm, less disposable income?
    China gold buying also at a 4 year high, central banks continue to hoard.

  2. #22
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    GLD buys gold.

    Quite a turnaround. Since July 06, 2016 to end of January 2017 GLD holdings
    decreased by 183,65 tonnes. Since the end of January 2017 to date GLD
    holdings increased everyday, so far by 33.5 tonnes.

    http://preview.tinyurl.com/heg8k39

  3. #23
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    Investors pile into gold as US sends signals for the discontinuation
    of the strong dollar policy. A possible currency war between USA
    and China is a factor too.

    European and Japanese hedge funds buy gold.
    http://preview.tinyurl.com/investors-pile-into-gold

  4. #24

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    I watched gold trade in a show venue today. It was Alaskan unrefined as saved by a #6 screen.
    Selling at spot plus 10%. (FRN Price)
    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”

  5. #25

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    Quote Originally Posted by oak333 View Post
    GLD buys gold.

    Quite a turnaround. Since July 06, 2016 to end of January 2017 GLD holdings
    decreased by 183,65 tonnes. Since the end of January 2017 to date GLD
    holdings increased everyday, so far by 33.5 tonnes.

    http://preview.tinyurl.com/heg8k39

    that is topnotch indicator.

    D+

  6. #26
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    China Gold Army
    -------------------

    China founded in 1979 a special military unit dedicated to gold. It started with
    exploration and mining. It is believed this unit even buys gold (through proxies)
    in London.

    https://www.bullionstar.com/blogs/ko...nas-gold-army/
    http://preview.tinyurl.com/china-gold-army

  7. #27
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    Gold seasonality
    ------------------

    It looks like the price of gold is up during the first months, down during
    spring and summer, and picks up again during the fall.

    http://preview.tinyurl.com/gold-seasonality

  8. #28
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    China eats 62 % of the global gold production....but still wants more:

    https://goldsilver.com/blog/china-ea...-still-hungry/

  9. #29

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    Last edited by ynot2k; 02-27-2017 at 01:43 PM.
    Be wary of the status quo.

  10. #30

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    If you watch the fake news shows on TV explain the dollar is up, no wait the dollar is down. All due to Trump, no it's exports, no imports, interest rates, oh wait, oil is in short supply/over supply. Maybe it's the phase of the moon or this that or what ever. Perhaps it is the fact that the dollar is a piece of paper that is just that, a piece of paper. So trying to figure out the price of gold in dollars, yen or wampum is going to vary as people people believe or disbelieve that one piece of paper is worth more than some other piece of paper with different faces printed on them. Maybe Zimbabwe dollars are the best method pricing gold? After all we're all quadrillionaires in their old currency.

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