Sunday, 5 April 2015

The German Gold Reserves.



"The relocation of Germany's gold reserves is currently in full swing. In 2014, the Bundesbank transferred 120 tonnes of gold to Frankfurt am Main from storage locations abroad: 35 tonnes from Paris and 85 tonnes from New York. A new film explains how Germany's gold reserves came into being and the reasons behind the relocation."

  This "full swing" relocation is taking almost forever. China buys more gold in a couple of months, than Germany managed to rescue from New York in a whole year!

Koos Jansen: China's Gold Demand - YTD total withdrawals have reached 610 t, up 9 % from 2014, up 33 % from 2013.

  
  "Koos Jansen reports about the continued very strong demand for Gold in China. Monday will be very interesting day for Gold and you can pick up the front seats on Sunday evening in Europe. Huge miss on Jobs Report and Record Short position on Gold can produce very exciting fireworks. Fundamental picture in Gold supply and Demand is confirmed by record accumulation in China and now we have the technical opportunity for Gold to move decisively higher. Read more."