Here is Spyder + Russian gold holdings (tonnes).
If you add in China, the trend looks much stronger. Don't be fooled by the US banksters, the paper markets are only one part of the equation. The long term (cross-border) game is played out with real physical gold holdings, always has been, always will. Chinese now going for half the Super Pit at Kalgoorlie.
And remember gold production last year; China (460.3t), Australia (273.8t), Russia (268.5t) and the US in fourth spot at (214t). US motto when it comes to gold....... IF YOU CAN'T BEAT THEM RUIN THEM.
Let them try, we will see how far pure hope and flag waving gets. No country is an island in this new brave world.
Eshmun
Note: Spyder holdings data are out to 25 Nov 2016 and Russian data is only out to 30 June 2016. So missing 5 months of Russian data in that chart (purple series).
- Forums
- Commodities
- GOLD
- Spyder Watch
Spyder Watch, page-332
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online