Last Thursday, Prime Minister Narendra Modi launched three programmes aimed at reducing
physical gold demand and luring tonnes of gold from households into the banking system.
They start with the following background topics: how gold markets operate;
physical gold demand and supply; and, gold mine economics.
China and India accounted for 57 percent of global
physical gold demand in the first quarter, with China's demand growing 32 percent even in the face of a 25 percent increase in local currency prices.
Huge
physical gold demand — declining prices Do paper ounces actually equal real metal?
To date, in order to prevent a surge in
physical gold demand from happening, the Deep Statists have created various forms of transparently fake gold, such as electronic gold futures, options and non-auditable ETFs and EFPs.
Not exact matches
MUMBAI / BENGALURU, April 18 -
Demand for
physical gold was lower - than - usual during a key festival in the world's second biggest consumer India as local prices peaked and a cash crunch curbed retail spending.
«
Gold is holding above the 50 - day moving average in spite of a stronger dollar, helped by lower U.S. yields and
physical demand,» she noted in a report on Thursday.
Holding a paper substitute for
physical gold is unacceptable, as the company might be unable to meet customer liquidation
demands.
In the article, the MSM propagandist states such things as: 2017 has seen, according to his one time Goldman Sachs source, a «dramatic crash in [
physical gold coin]
demand,» that interest in
gold coins is linked to «political conservatism, or anarcho - libertarianism» and «end of the world right wing sentiments,» that
gold has been implicated in a «conspiracy to commit money laundering,» that
gold is «financed by people in the narcotics trade,» that it comes from «illegal mines and drug dealers in Peru, Bolivia and Ecuador,» that «the federal authorities assume the NTR Metals [case] represented only a fraction of illegally sourced and financed
gold,» that therefore the US attorney is broadly investigating the
gold industry, that
gold is «produced by exploited workers,» that «crude [
gold] extraction techniques create serious and lasting environmental damage,» that
gold plays an important part in «tax evasion,» that it is related to American gun sales, which the author abhors; that «drug dealers [use]
gold imports as a way of laundering their proceeds,» and that «they came to realize that illegal
gold [is] an intrinsically better business» than drug dealing; to name but a few of the aspersions cast against
gold in the short article.
Being finite and in short supply, incremental
demand for
physical gold would result in immediate and sustained price gains, creating a positive feedback loop in the market place.
In fact, the pricing mechanisms that rule futures contracts, which in turn, establish real - world asset pricing, can be entirely disconnected from
physical supply and
demand determinants, especially in the paper
gold and paper silver worlds of London and New York.
Not even a small fraction of this incremental
demand would be available in the
physical gold market at this time, given that it already operates at a supply /
demand equilibrium.
In addition,
gold can be resupplied by J.P. Morgan, ScotiaMocatta, or other warehouse agents to meet
physical demand should the need arise.
Such a hypothesis, in our opinion, does much to explain the incongruity of a declining
gold price while fundamentals for paper currency, and the US dollar in particular, obviously deteriorate; while
demand for
physical gold has exceeded new mine supply for several years running; and while above - ground 400 - ounce.999
gold bars located in London, New York, and other financial capitals (in cohabitation with speculative trading activity in paper markets) have steadily dwindled and disappeared into Asian financial centers reformulated as.9999 kilo bars.
Synthetic
gold traders appear to share three things in common: no
gold, little or nothing in the way of margin requirements, and no knowledge of or interest in the fundamentals of
physical supply and
demand.
Physical demand for
gold has picked up in China as its stock market troubles continue.
India's upcoming five - day Diwali festival, seen as an auspicious period for
gold buying, will boost
physical demand in coming weeks, says Su
These
gold kilo bars would subsequently be shipped to
physical buyers in Asia and ultimately be converted into jewellery or other investment products to meet consumer
demand.
He discusses the recent FOMC minutes, the reaction in paper
gold and the ongoing, global
demand for
physical gold.
He seems to be oblivious of the fact that all the
gold sitting in the SGE's inventory is owned by someone, so in order for Trader Wong to satisfy an increase in his
demand for
physical gold by taking delivery, Trader Chang, the current owner of the
gold held in the SGE inventory, must reduce his
demand for
physical gold by exactly the same amount.
While we do not view the fabrication
demand for
gold to make jewellery as a driver for increased
gold prices, we do view the lack of a supporting market for
physical gold as a hindrance to significant positive moves in the
gold price by investment and / or speculative
demand.
To claim that the global
demand for
physical gold is collapsing is seeded in either ignorance or mal - intent.
Right now, there is more
demand for paper
gold than for
physical gold.
Jeff Clark, a globally recognized authority on precious metals, talks about the consequences of the increase in
demand for
physical gold while mine production decreases.
Each sovereign sale has produced needed
physical gold at times of supply —
demand imbalance, many of which have been critical.
We're not really sure about the intent of article, but the content was devoid of any relevance to the actual global
demand for
physical gold.
This sterilizes the investor's funds, and prevents them from being used to buy
physical precious metals, which would interfere with the price rigging crime by increasing
physical demand for and the price of
gold, given its consistently tight supplies.
Physical demand in the large consumer
gold market of India has been weaker than expected because the newly elected government has not yet reduced
gold import restrictions despite the trade balance having improved.
A current snapshot of the world
gold market and its near term outlook can be gauged by examining four sets of influences on the market, namely the macro / geopolitical environment, investment
demand flows,
physical demand in the major markets (using India as an example), and finally the technical picture.
Physical gold and silver
demand increased in the United States before the vote.
Macro Factors Dominating
Gold Price As US Dollar Outweighs Physical Demand And Investor Flows With gold trading in a narrow range below $ 1,300 and remaining relatively weak, it is worth pausing at this juncture to look at the combination of factors that are affecting its price format
Gold Price As US Dollar Outweighs
Physical Demand And Investor Flows With
gold trading in a narrow range below $ 1,300 and remaining relatively weak, it is worth pausing at this juncture to look at the combination of factors that are affecting its price format
gold trading in a narrow range below $ 1,300 and remaining relatively weak, it is worth pausing at this juncture to look at the combination of factors that are affecting its price formation.
The public IMO sees this coming hence the run on supplies of
physical gold and silver even though exchange prices fail to reflect this
demand.
The Sprott
Physical Gold Trust (PHYS) is a closed - end fund that actually allows for physical delivery of gold bars to investors in the trust on
Physical Gold Trust (PHYS) is a closed - end fund that actually allows for physical delivery of gold bars to investors in the trust on dem
Gold Trust (PHYS) is a closed - end fund that actually allows for
physical delivery of gold bars to investors in the trust on
physical delivery of
gold bars to investors in the trust on dem
gold bars to investors in the trust on
demand.
When you own
physical gold the only concern you have is the actual price of the metal based on global supply and
demand.
Preparing for a huge debt / currency crisis
demands a different portfolio: quality stocks, some debt - free real estate, and yes, some
physical gold (though I do agree that it would have been better to buy a few years ago).
Gold bugs frequently trumpet strong
demand from China and how tight the
physical Gold market is but in reality, investment
demand is what drives bull markets.
I believe the
demand of
physical gold is very liquid and recognized around the world.
The
demand for
physical gold seems to be tapering off due to the rise in
gold prices in Chennai.
The Indian government has come up with Sovereign
Gold Scheme in order to make sure the demand for physical gold is redu
Gold Scheme in order to make sure the
demand for
physical gold is redu
gold is reduced.