| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
FSN: Japan Contracts In GDP By Another .9% / Huge Importation Of Gold Into Hong Kong Equal To 69.4 Tonnes This Month / Good Demand For Gold From India / Barrick Suspends Pascua Lama Temporarily Due To Safety Issues
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Harvey Organ
Harvey Organ’s Daily Gold & Silver Report
Good evening Ladies and Gentlemen:
Gold closed today basically unchanged at $1730.30. Silver lost 8 cents. The bankers again were not happy with the high OI in silver so they orchestrated another of their annoying raids. This will continue as the regulators show no interest in stopping this criminal behaviour on the part of the bankers. In other physical news, China reported a massive 69.7 tonnes of imports into Hong Kong last month. If you exclude the gold production of China and Russia which keep 100% of what they mine, this represents around 38% of worldly gold production. JPMorgan Chase reports that demand from India’s women are excellent in this wedding season. Shanghai plans to expand it’s gold market by offering spot purchases this month followed by forwards next month. Barrick announced a suspension of it’s Pascua Lama mine in Argentina/Chile due to safety concerns.
Continue Reading at HarveyOrgan.Blogspot.ca…
2012-11-12 21:42:58
Source:
