You are here

Koos Jansen: Debunking GFMS' gold demand statistics

Section: Daily Dispatches

By Koos Jansen
BullionStar.com, Singapore
Saturday, December 3, 2016

What came to light as on odd discrepancy between GFMS' Chinese gold demand and "apparent supply" has proven to be a tenacious cover-up by the oldest consultancy firm in the gold market.

Not only does GFMS publish incomplete and misleading data on Chinese gold demand -- all its supply-and-demand data is incomplete and misleading.

As a result, the vast majority of investors has been brainwashed to believe total gold supply and demand consists mainly of global mine output and jewelry demand. In reality, the supply-and-demand data GFMS publishes is just the tip of the iceberg. But the firm is reluctant to admit this, lest its business model be severely damaged.

GFMS has denied all allegations about its incomplete Chinese gold demand statistics by continuously making up false arguments. Therefore, BullionStar will debunk, once more, such arguments spread by GFMS. ...

... For the remainder of the analysis:

https://www.bullionstar.com/blogs/koos-jansen/debunking-gfms-gold-demand...



ADVERTISEMENT

Golden Predator Finds New Veins of up to 30.8 g/t Gold;
Airborne Geophysics Completed at 3 Aces Project in Yukon

Company Announcement
Monday, November 21, 2016

VANCOUVER, British Columbia, Canada -- Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) is pleased to announce additional surface exploration results and the results of airborne geophysical surveys from ongoing work at the 3 Aces project in southeastern Yukon, Canada. Highlights include:

-- Seven of Spades: Newly discovered zone with stacked flat lying quartz veins returning values up to 18.55 g/t gold.

-- Queen of Spades: Newly discovered zone with values up to 30.8 g/t gold.

-- Jack of Spades: Additional results from continuous panel sampling of a second higher bench returned 20 meters of 7.62 g/t gold including 11.7 g/t gold over 12.4 meters and 37.9 g/t gold over 1.7 meters.

-- Three of Spades: Additional assays have increased strike length of vein with returns including 6.95 g/t gold. ...

... For the remainder of the announcement:

http://goldenpredator.com/_resources/news/nr_2016_11_21.pdf



Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16