Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench

China likely taking a third of outside gold production, Embry says

IMG Auteur
Published : November 13th, 2012
95 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
FOLLOW : China, Gold, Gold Production
Category : GoldWire

 

 

 

 

Interviewed today by King World News, Sprott Asset Management's John Embry marvels at the pace of China's accumulation of gold -- not just the country's full domestic production, kept at home, but likely as much of a third of the annual gold production of the rest of the world. Where, Embry asks, is all the gold imported by China coming from? Likely in large part from Western central banks, a source that probably won't be able to supply much more. An excerpt from Embry's interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_Da...2012/11/12_E...

 

 

Data and Statistics for these countries : China | All
Gold and Silver Prices for these countries : China | All
<< Previous article
Rate : Average :0 (0 vote)
>> Next article
Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
WebsiteSubscribe to his services
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
Panicked Hedge Funds Now Praying...
30 Junovertheedge
"... and the silly game theory ..." Obviously you have no knowledge of game theory and its applications. Otherwise you wouldn't have used ...
The Gold Standard: Generator & P...
30 Junuser4779
Is it really so bad for Americans that they do not spend their lives labouring on a production line to make mass-produced goods, and have left this...
The Gold Standard: Generator & P...
30 Junsam_site
You state, “To continue selling to the West, China will have to open wide its doors to imports” Here’s the crux of your argument of why Chin...
The euro crisis
30 Junovertheedge1
"There is no immediate benefit from debating why." Debate? That would be like debating whether or not gravity exists. You stated the obvio...
The Ultimate Confirmation
29 Junovertheedge
It would appear that we share the same conclusion. A few sealed cans of kerosene might be handy as well. Thumbs up sir.
The Ultimate Confirmation
29 JunS W.1
My main sentiment here is why swap dollars for gold or silver only to sell at some later date for more dollars when that same paper is continually ...
The Ultimate Confirmation
28 Junovertheedge1
Well, gotta admit that there is a problem if a person tries to play silver as both an investment and as an insurance policy. I would suggest th...
The Ultimate Confirmation
27 JunS W.
Fair call, overtheedge. I've given Butler short shrift several times. Fancy spending 30 yrs analysing the silver market likely believing Ag...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Mining Company News
Viking Gold Expl.(Ag-Au-Cu)VGC.V
signs option to acquire Valor Energy Ltd. with plan to form a separate public company
CA$ 0.00+0.00%Trend Power :
Corporate news
Goldcorp(Cu-Le-Zn)G.TO
announces closing of secondary offering of shares of Tahoe Resources
CA$ 20.26-0.10%Trend Power :
Corporate news
Tahoe ResourcesTHO.TO
Announces Closing Of Secondary Offering By Goldcorp Inc.
CA$ 15.14-3.44%Trend Power :
Corporate news
Marathon GoldMOZ.TO
Closes First Tranche of $3.5M Financing
CA$ 0.24-2.00%Trend Power :
Financings
Marathon GoldMOZ.TO
Closes First Tranche of $3.5M Financing
CA$ 0.24-2.00%Trend Power :
Financings
Shaw River ResourcesSRR.AX
Director Appointment/Resignation
AU$ 0.01+0.00%Trend Power :
Corporate news
Red Emperor ResourcesRMP.AX
Puntland Update
AU$ 0.10-9.09%Trend Power :
Corporate news
Claude Resources(Au-Cu-Ngas)CRJ.TO
Increases Land Position at the Seabee Gold Operation and Consolidates Two Joint Venture Agree
CA$ 0.67-2.90%Trend Power :
Exploration and drilling
Eldorado Gold(Au-Fe)ELD.TO
Receives Project Permit Approval for the Eastern Dragon Project
CA$ 5.18+3.39%Trend Power :
Exploration and drilling
Marathon Resource(Au-Cu-Ur)MTN.AX
Appendix 3B - New issue announcement
AU$ 0.20+0.00%Trend Power :
Corporate news
Comments closed