This Blog Is Only For Members Of Apsense!




I keep the APSense Banner up for one reason,
Wincer Song, Founder, Owner and friend of mine.
Great Social Business Media Site, loved it and still do.

Since September 15th, 2007. The day I join and still active today!

Karatbars International is what l will focus "ON"

"One Member at a time"

"ONE GRAM AT A TIME"


"NETWORKING IS A CONTACT SPORT"
Showing posts with label How Big Are China’s Real Gold Reserves. Show all posts
Showing posts with label How Big Are China’s Real Gold Reserves. Show all posts

Wednesday, November 20, 2013

How Big Are China’s Real Gold Reserves?

November 20, 2013

Came across this article written by Lawrence Williams on a subject that l have had an interest and wrote a few articles on. China's accumulation of gold, and how they have been able to keep the world from understanding how much metric tons of gold they actually own.

China has been playing this game since 2009, with a straight face, and declaring the same amount of gold since 2009. How do they get away with all of this? Lawrence Williams reveals some of the strategists, China has been using rather effectively.

The key here for China is keeping gold prices down, for the simple reason they can accumulate more metric tons at a bargain. This makes perfect sense, buy low sell high, what we all aim at when investing. So keeping the true amount of how many metric tons they actually have, works wonders for this concept.

Lawrence Williams shares this article on Seeking Alpha

There is much speculation over the quantification of China's gold reserves. Are they only 1,054 metric tons as the official figures would have us believe? Or are they considerably higher as many gold analysts suggest? And what game is China playing if they are?

The Chinese impact on global demand is key to likely gold price performance in the months and years ahead and thus of major significance for the investor in gold bullion, ETFs and gold stocks. China is already almost certainly the world's largest consumer of gold this year and is likely to absorb at least 1,500 metric tons of the yellow metal purely through imports through Hong Kong plus its own gold output - it is currently the world's No. 1 producer with 2013 output estimated as likely to be in order of 430 metric tons by the China Gold Group.

The Complete article by Lawrence Williams 


All The Best,

Joseph F. Botelho One Gram at a Time


Welcome To One Gram at a Time

Thank you for taking the time to understanding the "One Gram at a Time Page," it has other meanings, other then the...

Posted by One Gram at a Time on Thursday, February 4, 2016

Watch This Short Presentation

Create your "Free Account Now!!
Secure Your Future with Karatbars, because the Future is Happening Now!
SUBSCRIBE TO MY YOU TUBE CHANNEL

GenF20™ Look Younger, Feel Younger, Stay Younger With HGH

It's a clear winner in the anti-aging market space where there are imposters abound; GenF20™ stands out not only because it's doctor endorsed -- but because it's enthusiastically recommended by clients. As you age, your HGH (human growth hormone) levels begin to drop off.

Digestive Science Intensive Colon Cleanse

These are important points. Consumers want the dramatic health benefits and results of a comprehensive colon cleanse. And indeed, those results are numerous and far-reaching. They include: less fat storage reduced constipation and diarrhea boosted metabolism more energy skin that glows

Accelerate Your NATURAL Collagen Production In Just 84 Days

Increase your skin's natural production of collagen. Reduce the appearance of even the deepest lines and wrinkles. Firm and tone the skin for a more youthful appearance. Moisturize and hydrate the skin. Help repair damage including age spots and sun damage.

Chlorogen 800 is an EASY Way to Burn Fat and Get Lean!

About 60% of Americans are overweight or obese. It's a good bet that many, if not most of them want to lose weight but that's easier said than done

Virility Pills VP-RX™

Damiana and Tribulus have been used for thousands of years by the Mayans and Europeans respectively to increase libido and treat erectile dysfunction, while Bioperine has been clinically proven to safely increase the absorption rates of the nutrients that it's combined with.

How to Save Money with Your Repair Bills

Re-tweet "OUR LATEST" tweet