Sunday, April 13, 2014

3 Important Charts on Gold

From Bullion Vault ...
GOLD DEMAND went up from 3,200 tonnes in 2003 to 4,400 tonnes in 2013,

Even with the steadily rising prices between 1999 and 2011 (going from $300 and ounce to $1900), gold discoveries plummeted in 1999 and remained on the floor thereafter:

Meanwhile in India ...

Here is the latest on India's gold imports.

In other news, could China start a gold-backed yuan

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