Jim Rickards über Chinas Goldnachfrage
You know, I travel around the world quite a bit and when I go to Switzerland, I don't spend a lot of time with the banks, I spend most of my time with refiners and vault operators and secure logistics providers, the people that actually handle the physical gold.
I recently returned from China, I was in Shanghai and Nanjing, and I met privately one on one with two of the five biggest gold dealers in China, the heads of precious metal trading for two of the big banks, and they said to me, "Don't believe what you read. Demand for gold in China is as strong as ever. People can't get enough."
So, putting all that together we were saying somewhere between 1,000 and 1,500 tons a year going into China, but what I did not know until recently was how much of that was private demand and how much of that was government demand, meaning how much was going directly to the government reserve position, how much is being bought up by consumers in China.
What they told me, and these are the dealers, these are the people that actually deal on the Shanghai Gold Exchange and handle the metals, they said it's 100% private.
They said the government buys a lot of gold but they operate completely off the books, completely through stealth channels (... genauso wie Koos Jansen immer wieder schreibt...)
Caldera
