With the war in the gold and silver markets heating up, today gold analyst Frank K. out of the Netherlands sent King World News two shocking charts which reveal the massive flow of gold from West to East. The charts show gold is literally hemorrhaging from Western central bank vaults to Eastern vaults, where it will never return.
Here is what Frank K. had to say along with his 2 key charts: According to the latest figures by the Swiss Customs Administration, the country has exported a total of more than 600 tons of gold to Asia in the first half of this year....
Since the start of this year, the Swiss
Customs Administration is obliged to provide more detailed information
on international gold and silver trade. Every month they publish an
update on the volume of precious metals being exported to and imported
from other countries. We documented the gold flow to Asia earlier this
month.
In the month of June, a net
volume of 55.78 tons of yellow metal went from Switzerland to Asian
countries, bringing the total gold exports to Asia for the first half of
this year to 603.38 tons of gold. A small amount of gold found it’s
destination in the Middle-East. Over the first half of this year, the
net exports from Switzerland to the Middle East were a modest 6.9 tons.
The regions supplying
Switzerland with gold in the first half of 2014 were Europe (395.21
tons), South-America (227.44 tons), North-America (111.33 tons) and
Africa (87.9 tons). Central-Asia and Middle-America exported a net
volume of 39.6 and 13.65 tons to Switzerland.
The graph below clearly
shows the flow of physical gold to Asia. The dark colored bars show the
net flow of yellow metal from and to Switzerland in the first five
months of the year. The light colored bars represent the volume traded
in June. As you can see, the trend continued in the past month.
Gold flows to Asia
The question is, which
countries within Asia import so much precious metals from Switzerland.
The following graph provides us with the answer. Most exports went to
Hong Kong (239.37 tons), India (152 tons), China (88.93 tons) and
Singapore (58.31 tons). A lot of the metal sent to Hong Kong is
forwarded straight to China, as we know from the export numbers of the
Hong Kong Census and Statistics department.
These two charts clearly capture the flow of gold to the rising economic powers in Asia, especially China, India and Singapore.”
沒有留言:
張貼留言