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Koos Jansen: What is China up to with all this gold?

Submitted by cpowell on Fri, 2015-02-13 15:45 Section: Daily Dispatches

3:45p ET Friday, February 13, 2015

Dear Friend of GATA and Gold:

Offtake from the Shanghai Gold Exchange continues at rates that belie the World Gold Council's low estimates of China's gold demand, Bullion Star market analyst and GATA consultant Koos Jansen reports today. Jansen explains it as Chinese government policy to restore gold to the international monetary system. His analysis is headlined "What Is China Up to with All This Gold?" and it's posted at Bullion Star here:

https://www.bullionstar.com/blog/koos-jansen/sge-withdrawals-59t-in-week...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


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