Hi Slange and all,
I mentioned the Taiwanese dollar movement a few days back it appears to be backing off for now.
TaiwaneseDollar - Quote - Chart - Historical Data - News
The Japanese 40-year bond rate has seen some recent action moving from 2.60% to 3.4% in just thirty days.
It would appear that China is still adding to their Gold holdings this month.
It seems that the Gold is stilling moving out of the London.
TheLondon ‘Gold Shortage’ | The Royal Mint
I also notice a slight premium increase from the Royal Mint. My last purchase had a seventy-pound premium over spot. With spot at £2,411.70 the one-ounce Britannia is being offered @ £2,548.48. That’s a £136.00 premium over spot doesn’t sound like a lot until one considers this is an 100% increase.
I guess this is indicating there may be some truth to the Gold shortage argument.
Time will tell. Cheers
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