“Physical gold delivered to buyers by China’s largest bullion bourse in the first half of this year almost matched the entire amount taken from its vaults in 2012, and was more than double the country’s annual production. The surge in deliveries underscores buying interest in China, which may pass India as the largest bullion consumer as early as this year after the government in New Delhi raised import taxes while regulators in Beijing made investing in the metal easier. Miners, smelters and refineries are required to sell gold via the Shanghai bourse, the only state-sanctioned marketplace for spot bullion in China.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
A’s for Athletes, but Charges of Fraud at North Carolina
Swiss probe launched against former central bank chair
Obama: ‘I didn’t set a red line’ on Syria, ‘the world set a red line’
Rooftop gardens growing in popularity in notoriously smoggy Mexico City
The Stocks China’s Rescue Fund Is Buying
Police Shoot Man In Back, Paralyze Him Over Unpaid Parking Tickets
60,000 in Tokyo protest government plans to restart nuclear power
British central bank softens rules for banks to give economy £70bn boost
Dem Rep. Steve Cohen: Tea Party Republicans Are 'Domestic Enemies'
Public Health Proposal Considers Mandatory ‘Smokers License’
Alberta woman willing to trade $1-million property for Bitcoins
New gold for a scary new world
Japan nuclear body says radioactive water at Fukushima an ‘emergency’
A ‘disposition matrix’ system is now generating Obama’s secret kill list
‘Die Hard’ director John McTiernan faces jail within weeks for illegal wiretap, lying