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Koos Jansen: Who is supplying China's gold? Apparently everybody
10:53a ET Tuesday, November 14, 2017
Dear Friend of GATA and Gold:
Gold researcher Koos Jansen today reviews gold imports into China and concludes:
"Until new evidence shows up my best guess is that China net imported 777 tonnes in the first nine months of 2017, sourced from all corners of the world: the United Kingdom, South Africa, Australia, Switzerland, the United States, Middle East, and the Philippines. It seems Chinese banks are active all over the world looking to buy gold on the dips, snapping up physical metal when the time is right."
Jansen's analysis is headlined "China Gold Import January-September 777 Tonnes -- Who's Supplying?" and it's posted at Bullion Star here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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