Inside The Shanghai Gold Exchange Vaults - snbchf.com

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Home › Videos › 6a) Gold & Monetary Metals › 6a.) Koos Jansen (Bullionstar) › Inside The Shanghai Gold Exchange Vaults

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StackAndPrepper

2014-11-02 at 00:33 (UTC 2) Link to this comment

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Domo arigato!
NitroCharged

2014-11-02 at 02:14 (UTC 2) Link to this comment

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Please note 0:27 seconds into this video. This is exactly what is happening in the US. They are backing the truck up and taking delivery by the tonnes at the Comex! 😉
1. James Anderson
  
  2014-11-04 at 15:54 (UTC 2) Link to this comment
  
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  Bloomberg claims the Gold market to be $20 TRILLION on an annual basis. Humans bring about 150,000,000 oz of physical gold bullion to market per year (40% recycled, 60% mined). That means on an annual basis we are looking at paper to physical leverage of about 100 to 1. He who has the gold will be making the rules. He who has paper will be following the new rules.
2. James Anderson
  
  2014-11-04 at 16:35 (UTC 2) Link to this comment
  
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  @***** at about $17 an ounce for silver bullion, it's a longterm lock of value. Although silver is scarce compared to many other elements and resources, it is the most plentiful and least expensive of the elements which have earned precious metal status (gold, platinum, palladium, ruthenium, rhodium, osmium, iridium, and silver).
  
  Silver’s natural properties make it…
  
  – the most reflective metal on Earth
  – the most electronically conductive of all metals
  – the most thermally conductive of all metals
  – naturally anti-bacterial
  – very soft and malleable, only slightly harder than gold
  
  Keep stacking silver bullion.
Artytom Inquisitive Minds

2014-11-02 at 03:21 (UTC 2) Link to this comment

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At 1 minute 40 sec, the box's are being carried by only one person. They can't have a lot inside.
Vim Hill

2014-11-02 at 04:19 (UTC 2) Link to this comment

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at 1.42 min you see a fellow casually pushing 3 cans supposedly carrying gold with one hand, if this is gold he must be incredibly strong
1. cassanoa
  
  2014-11-02 at 23:47 (UTC 2) Link to this comment
  
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  you make an interesting observation – if that " monster box " of Chinese kilo bars – that must weigh hundreds of pounds – but i dont know how much they pack into one box
Chuck Baker

2014-11-02 at 05:49 (UTC 2) Link to this comment

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How do you get the sub-titles working? My Mandarin isn't so go.
James Anderson

2014-11-04 at 15:51 (UTC 2) Link to this comment

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Gold & China are becoming synonymous.

China is now the #1 Miner and Buyer of GOLD . It is anticipated by many financial experts that soon China will officially declare much larger gold reserves than its 2009 claim of 1054 tonnes.

Speculation varies that China will report official gold holding ranging from 5,000 to 20,000 tonnes of Gold. The USA supposedly has 8133.5 tonnes of gold though no legitimate audit has been performed for decades.

Certainly the IMF will help China along in the coming new monetary order – http://usat.ly/1rWN3oo

Here is what the chairman of the Shanghai Gold Exchange had to say about Chinese gold demand in 2013 alone…

Last year, China imported 1,540
tonnes of gold. Such imports, together with the
430 tonnes of gold we produced ourselves,
means that we have, in effect, supplied
approximately 2,000 tonnes of gold last year.
The 2,000 tonnes of gold were consumed
by consumers in China. Of course, we all
know that the Chinese ‘dama’ [middle-aged
women] accounts for a significant proportion
in purchasing gold. So last year, our gold
exchange’s inventory reduced by nearly 2,200
tonnes, of which 200 tonnes was recycled gold.

Source: Page 6 – http://goo.gl/bzRm8A

Remember, the world only officially digs about 2,500 tonnes of gold out of the ground each year.

GOLD is flowing from the west to the east.

Gold & China are becoming synonymous.

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