Gold Exports To London From U.S. Surge 152% In 2018. – U.S. gold exports to UK (primarily) London jumped over 150% from 25.5 metric tons to 64.3 mt in the first four months of 2018 (yoy). – Largest countries receiving U.S. gold exports are China/ Hong Kong, Switzerland and the UK. – U.S. gold exports to London (UK) alone nearly as much as total U.S. gold production. – Gold flowing from weak hands in West to strong hands in the East

The U.S. will never go back on a gold standard. The notion that a U.S. Dollar backed by gold would solve our financial problems is pure folly. Why? Because, if the U.S. Empire didn’t abandon the gold standard in 1971, it would have collapsed decades ago. Unfortunately, some of the top experts in the precious metals community continue to suggest that revaluing gold much higher, to say…. $15,000-$50,000 an ounce, would bring confidence back into the Dollar.

Switzerland’s gold exports to the U.S. are already 60.7 mt in 2016, up more than 18 times the volume in 2015. For the first year since 2011, U.S. gold imports are higher than exports.

Record Swiss Gold Flow Into The United States. There was a huge trend change in U.S. gold investment in May. Something quite extraordinary took place which hasn’t happened for several decades. While Switzerland has been a major source of U.S. gold exports for many years, the tables turned in May as the Swiss exported a record amount of gold to the United States.