China
China’s Consumption of Gold and Acquisition of Gold Mines Continues
Gold Core GoldSeek.com Monday, 13 May 2013 Gold fell $12.90 or -0.89% on Friday to $1,443.30/oz and silver finished with a gain of 0.42%. Gold and silver both traded down for the week at -1.76% and -1.25%. The downward pressure on the gold price emanated from Comex where gold futures were off 1.9%. Driving... »
China Moving To Dominate The World With Gold Purchases
KingWorldNews.com May 8, 2013 With continued volatility in gold and silver, today acclaimed money manager Stephen Leeb spoke with King World News about China’s massive gold buying spree and their move to dominate the world. Leeb also said investors should be aggressively buying silver right now. Below is what Leeb had to say in... »
India Aims to Restrict Gold Imports As China Breaks New Records
Gold Core GoldSeek.com Wednesday, 8 May 2013 Gold rose $17.90 or 1.22% yesterday to $1,452.00/oz and silver finished down 0.29%. The Reserve Bank of India issued a set of guidelines last week increasing restrictions on gold imports. According to UBS precious metals research they targeted the following areas: 1. To decrease gold imports, they... »
China’s Gold Purchases From Hong Kong Expand to Record in March
Bloomberg.com May 7, 2013 Gold imports by China from Hong Kong more than doubled to an all-time high in March as buyers in the biggest consumer after India boosted purchases, underscoring increased bullion demand in the world’s second-largest economy. Mainland buyers purchased 223,519 kilograms (223.52 metric tons), including scrap, compared with 97,106 kilograms in... »
Morning News: China & Australia’s Economy Are Cracking, Warren Buffett Warns Of Big, Looming Bond Losses, German Euro Founder Calls For ‘Catastrophic’ Currency To Be Broken Up, The Senate Is Poised To Pass An Internet Sales Tax Bill Today
Investmentwatchblog.com May 6th, 2013 Chinese services saw their worst growth in two years The HSBC China Services Business Activity Index declined to 51.1 in April from 54.3 in March, the lowest level since August 2011. From Markit: HSBC China Composite PMI™ data (which covers both manufacturing and services) signalled an expansion of output for... »
Global Slowdown – 70% Of China’s Export Partners Saw Orders Plunge
by Tyler Durden ZeroHedge.com 05/03/2013 We discussed previously the slowing of the global economy and the drag on global trade and it appears that despite some hope-ridden headline data from China, things are definitely troubling under the surface. As Bloomberg Brief’s Michael McDonough notes, while superficially, export growth was a rare bright spot in... »
China Crosses ‘Line Of Actual Control’ With Stealth Invasion Of India
by Tyler Durden ZeroHedge.com 05/02/2013 Whether this is just a ‘misunderstanding’ or a land-grab to make up for Japan’s Senkaku actions, the Indians are claiming that a platoon of Chinese soldiers have crossed the so-called ‘Line of Actual Control’ in the Indian-held Ladakh region. They have remained there for two weeks and even as... »
Next Asian crisis arrives: Chinese soldiers make military incursion into India- India considers response
TheExtinctionProtocol.com May 2, 2013 INDIA – A platoon of Chinese soldiers slipped across the boundary into India in the middle of the night, according to Indian officials. They were ferried across the bitterly cold moonscape in Chinese army vehicles, then got out to traverse a dry creek bed with a helicopter hovering overhead for... »
THE COUNTDOWN TO WORLD WAR 3 – The Petrodollar System Is Teetering On The Brink of Collapse As China Moves Against The U.S. Dollar
Investmentwatchblog.com May 2nd, 2013 China has just made several moves against the U.S. dollar, and currency wars with the U.S. have a way of turning into real wars. Four Big Nations Have Signed A Currency Deal With China IN LESS THEN 2 MONTHS!! Yuan Reaches Record High Against The US Dollar!! 7 Of 10... »
China Gold Mania – Coins, Bars and Jewelry Sales Surge 108%
By Mark O’Byrne GoldCore.com May 2 2013 Gold fell $17.30 or 1.17% yesterday to $1,458.70/oz and silver slid to $23.24 and finished down 2.60%. Gold remains under pressure despite very robust demand and anaemic supply globally. This suggests that speculators in the futures market continue to hold the upper hand. While this may continue... »