West KY, Miss River County | as they are buying newly mined, unrefined gold directly from Alaska mines now.
"To buy newly-mined gold production at source is thus a clever ploy. It is not interfering with the gold market directly by being seen to buy, but picking up gold which is actually never reaching the market. It can then move the gold into some interim holding capacity which does not have it showing up in its official reserves until, and unless, it wishes to make this statement to the markets."
http://www.resourceintelligence.net/now-china-sources-newly-mined-g... |
Jim Richter, interest rates, Gibson's Paradox and gold
