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Koos Jansen: The great Chinese silver market debate

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Published : October 31st, 2014
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Category : GoldWire

China gold (and silver) researcher and GATA consultant Koos Jansen explains today why silver is not really trading in Shanghai at a premium to London, contrary to what is widely reported. Jansen's analysis is headlined "The Great Chinese Silver Market Debate" and it's posted at Bullion Star here:

https://www.bullionstar.com/blog/koos-jansen/...se-silver-ma...

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Gold and Silver Prices for these countries : China | All
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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.
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If a buyer is willing and able to pay 17% over spot, that 17% is effectively a premium.
Even a seller's profit margin over spot is a premium.
And anyone who buys bullion should recognize this little factoid.

Perhaps GATA and company don't buy physical?
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If a buyer is willing and able to pay 17% over spot, that 17% is effectively a premium. Even a seller's profit margin over spot is a premium. And anyone who buys bullion should recognize this little factoid. Perhaps GATA and company don't buy physical?  Read more
overtheedge - 10/31/2014 at 9:09 PM GMT
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