
“The reason it’s important to look at the entire picture of investment demand is because an investor might draw an erroneous conclusion if they read just the headlines. For example, China and other Asian nations represent well over half of all global investment demand, while North America is just 9%. Is this bigger source of demand experiencing a lot of selling, too? Let’s look at the bigger picture of investment demand for gold this year. In the following chart, we compare GLD outflows to Chinese imports through Hong Kong, as well as other sources of demand for physical metal. Here are the data through last month.”
Related posts:
Why it’s the Year of the Snake
"Contempt for the Screening Process", 91 Other Reasons You're a Terrorist
Prison for Smokers, Permits for Strippers! (Nanny of the Month, Jan '13)
"Boomerang Foreclosures" Are Back As Bernanke's Second Housing Bubble Begins To Pop
Americans Indifferent About Destruction of Fourth Amendment
Gun Control in Connecticut Is a Bonanza for Gun Sellers Outside of Connecticut.
Irish county officials vote to allow some citizens to drink and drive
Jeffrey Tucker: Wall Street Discovers the Blockchain
New startup brings Bitcoin purchases to major retailers
Washington Parents Accused of Child Abuse For Using Marijuana
Brazilian docs fool biometric scanners with bag full of fake fingers
10,000 Linux servers hit by malware serving spam and exploits
China Accounts For Nearly Half Of World's New Money Supply Since 2005
'China is taking a leap forward to control world currency'
Bullish at the Bottom: Why Now is the Time to Buy Commodities