Commodity Trade Mantra

Posts Tagged ‘Gold ETF Demand’

India's Gold Imports Drops 51% in May, Gold Demand Takes a Hit

Indian gold imports have tumbled for fourth straight month in May this year, while gold demand remains muted over the past several months. India’s gold imports during the month are believed to have dropped sharply by 51% year-on-year to 31 tonnes in May. But, when matched with the April ’16 imports of 22 tonnes, the monthly imports in May rose higher by over 40%.

Massive Debt Overhang & Energy Crisis Indicate Higher Gold and Silver Prices

The debt in the energy industry and the debt in the system is too high. It’s $6 of debt to get $1 of GDP. It’s a disaster. Now how long can this go on? It could probably go on a little bit longer, but the fundamentals will soon kick in & when those fundamentals kick in, by gosh, paper assets will simply evaporate. All this points to much higher gold and silver prices.

Significant Trend Changes Will Impact The Gold Market in a Big Way

Different segments of the gold market provide the investor with a different understanding. The total gold investment for Q1 2016 is already 618 mt. During the first quarter of 2016, Global Gold ETF demand surged to 354 mt versus a negative 68 mt in Q4 2015. Going forward, the Global Gold ETF demand will be the key that totally overwhelms the gold market in the future.

Death Of Paper Gold Picks Up Speed BIG TIME Today

The Death of the paper gold market picked up speed today as Blackrock’s Gold IAU ETF announced that issuance of new shares was suspended. This now suggests a tightness in the paper gold market due to the last several years of surging physical gold demand…. especially now that China has recently become an “official” Central Bank buyer of gold.

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