Gold Futures in USD at Highest Levels Since September 2013 | Chinese Bullion Dealers Out of Gold?

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Gold futures rose above $1400/oz in US Dollars on the COMEX for the first time since September 2013 yesterday.

The gold price in RMB/Yuan has also gone up a lot in the last year since July 2018 and even more since mid-March and May 2019.

One of Jason's sources in China also told him some very interesting information about the Chinese gold market including how Chinese bullion dealers are either out of gold or are hoarding it expecting much higher prices. The same goes for retail buyers of gold. They have no plans of selling it and expect higher prices.

Swiss Gold Refiners have NEVER seen a Chinese gold bar to recast! Here's an interview with director of one of Switzerland's largest gold refiners.
1) Physical Gold Fund interviews Director of one of the largest Swiss Refineries https://www.physicalgoldfund.com/physical-gold-fund-interviews-director-of-one-of-the-largest-swiss-refineries/
2) Swiss Refiner: Physical Tightness in the Flow of Gold Is 'Reflected in the Price Not at All https://jessescrossroadscafe.blogspot.com/2015/09/interview-with-executive-from-one-of.html

Jason's source also claims that the Shanghai Gold Exchange (SGE) Withdrawal Data is most likely 100% fake even though the CPC is buying a lot of physical gold and using the SGE to purchase more.

Still Firing on all Cylinders: China’s Physical Gold Market https://www.zerohedge.com/news/2019-06-04/still-firing-all-cylinders-chinas-physical-gold-market

Ignored by Big Banks, Smaller Gold Miners Are Paying More to Expand https://finance.yahoo.com/news/ignored-big-banks-smaller-gold-000000431.html

Is inflation in China why demand for gold is so strong? China’s food is only going to get pricier https://www.freemalaysiatoday.com/category/business/2019/06/16/chinas-food-is-only-going-to-get-pricier

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