Tag Archives: wgc

Gold Up $30/oz in Two Days, WGC Claims Demand is Down 1%

Is it a coincidence that just as gold breaks through the key mark of $1225, the World Gold Council releases their latest report on Q1 global gold demand– indicating a decrease of 1%? If the price of gold is going … Continue reading

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ANZ Predicts Gold Will Hit $2,400/ounce

The Australia & New Zealand Bank (ANZ) issued a report this week predicting that gold demand in Asia will double in the next 15 years and with it, so will the price of gold.  The report was authored by two … Continue reading

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China Purchased 29 Tonnes of Gold in the Last 3 Days of 2014

The Shanghai Gold Exchange released a report on January 3rd that showed a huge rush for wholesale purchases of the precious metal during the last 3 days of December. 29 tonnes of gold were withdrawn on the SGE during a … Continue reading

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World Gold Council Continues to Misreport Chinese Gold Demand

The WGC is once again trumpeting its flawed estimates for China’s quarterly gold demand, reporting that the country experienced an absurd decline of 38% for Q3 of 2014. The World Gold Council goes further to say that despite this decline, … Continue reading

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Putin Purchased More Gold in Q3 Than The Rest of the World COMBINED

The World Gold Council released its quarterly reports this week and revealed the frightening fact that Russia purchased more than 55 tonnes of gold in Q3 of 2014, more than every other country of the world COMBINED. This frantic accumulation … Continue reading

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Russia Is Hoarding Gold

Each month, Russia continues to increase its reserves of gold, as it added almost 340,000 troy ounces in July, the IMF reported this week. The total gold estimated in Russia’s Central Bank reserves now totals more than 35.5 million ounces. … Continue reading

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