Socio-Economics History Blog

Socio-Economics History Blog

Swiss Refinery Report: Gold Supply Has Never Been Tighter!

by mosesman
Remember the Golden Rule: He who has the gold makes the rules! Got physical gold yet?
Remember the Golden Rule: He who has the gold makes the rules! Got physical gold yet?
  • Swiss refinery report: Gold supply has never been tighter! 
    by CHRIS POWELL, http://www.gata.org/ 
    Dear Friend of GATA and Gold:
    –
    Interviewed today by GATA consultant Koos Jansen, Anglo Far-East Bullion Co.’s Alex Stanczyk discusses his recent trip to a Swiss gold refinery whose managing director told of an unprecedented shortage of metal as China consumes it all. The interview is headlined “Alex Stanczyk: Physical Supply Has Never Been Tighter” and it’s posted at Jansen’s Internet site, In Gold We Trust, here:
    –
    http://www.ingoldwetrust.ch/alex-stanczyk-physical-supply-never-been-tig… 
    Alex Stanczyk: Physical Supply Never Been Tighter
    Wednesday I had the privilege again to interview Alex Stanczyk, Chief Market Strategist for the Anglo Far- East group of companies, who just returned from a trip to Switzerland. Alex confirmed to me the distribution of gold from west to east is not slowing down whatsoever. Refineries in Switzerland are still working 24 hour a day to cast bars for China, sometimes having difficulties sourcing the gold..

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