“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:
SnapCard launches bill-pay, makes the IRS its first payee
Obama DOJ Asks Court to Grant Immunity to George W. Bush For Iraq War
Europe's Political Response To Voters May Increase Violence
Not a Peep from Obama: Violent Crime Now at a 42-Year Low
Bootstrapping with Tony Gallippi of Bitpay on the tastytrade network
The first Bitcoin based bank in Cyprus is coming!
Latin America Says ‘Adiós’ to the Populist Left
Glenn Greenwald: Snowden’s revelations ‘not espionage in any real sense of the word’
Domino's Pizza unveils U.S. infrastructure project filling potholes
Kanye West Unleashes Lawyers on ‘Coinye’ Altcoin
China "offers sturdy floor" in gold: UBS
KnCMiner Launches Neptune ASIC Bitcoin Miner With at Least 2TH of Power
NJ Police Lieutenant: Meeting Ticket Quotas A Daily Exercise In “Creative Writing”
Pentagon prepares military operation in Mali
New Petition Demands that UN Offset Its Carbon Footprint