David Morgan Basic Plus Membership - Latest Silver Video Update

Discussion in 'Stocks & Derivatives' started by SilverSanchez, Jan 1, 2014.

  1. SilverSanchez

    SilverSanchez Active Member

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    I got in contact with David Morgan a while ago and asked if I could have a sample of a video update to show SilverStackers.com members.
    David organised for me the following link to show what a basic plus member gets periodically as well as a monthly newsletter and access to research etc etc.
    I have been a paying member of The Morgan Report and it has been helpful.

    So here is the link

    http://www.silver-investor.com/video/update/12-20-13-Update/12-20-13-Update.html
     
    SilverSanchez, Jan 1, 2014
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  2. SilverSanchez

    SilverSanchez Active Member

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    Seriously?

    I get David Morgan to personally authorise a free viewing of his latest silver update for members and only two people are greatful!
     
    SilverSanchez, Jan 3, 2014
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  3. thatguy

    thatguy Active Member

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    Was following the other thread
     
    thatguy, Jan 3, 2014
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  4. Guest

    Guest Guest

    Cheers SS!
     
    Guest, Jan 4, 2014
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  5. JulieW

    JulieW Well-Known Member Silver Stacker

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    So the COMEX is holding approximately one year's gold imports by China and Russia.

    Very interesting thanks SS.
     
    JulieW, Jan 5, 2014
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  6. rbaggio

    rbaggio Active Member Silver Stacker

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    Thanks for posting SilverSanchez.

    Where did you get that from?

    http://www.cmegroup.com/delivery_reports/Gold_Stocks.xls shows that the COMEX depositories currently hold 7,827,505.251 oz of gold (registered + eligible).

    7,827,505.251 oz = 243,090 kg = 243 tons.

    China imported >1000 tons in the first 11 months of 2013. http://www.bloomberg.com/news/2013-...hong-kong-fall-53-percent-as-price-drops.html

    Doesn't include Russia.

    Is my maths bad?
     
    rbaggio, Jan 5, 2014
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  7. JulieW

    JulieW Well-Known Member Silver Stacker

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    sorry meant one month's.
    Which is from memory but I'm pretty sure China and Russia are currently a bit over 100 tonnes a month each.
     
    JulieW, Jan 5, 2014
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  8. SilverSanchez

    SilverSanchez Active Member

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    China's imports come from multiple sources dont they?
    I doubt the entire volume is from the Comex
     
    SilverSanchez, Jan 5, 2014
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  9. JulieW

    JulieW Well-Known Member Silver Stacker

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    Used as an analogy. I agree they have more than a few sources but it shows the fragility of the COMEX.
     
    JulieW, Jan 5, 2014
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  10. Noppy

    Noppy New Member

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    Will have a look after work, thanks in advance.
     
    Noppy, Jan 8, 2014
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  11. dccpa

    dccpa Active Member

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    Russia is not buying 100 tonnes a month. There are some months where Russia sells gold. Overall, Russia is adding, but at a much lower pace.
     
    dccpa, Jan 8, 2014
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  12. JulieW

    JulieW Well-Known Member Silver Stacker

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    So much for memory.
    Just checked on the net and the claims are about 2200 for last year for China and about 150 for Russia, claiming also that Russia is number 2 in gold holdings in the world. Big long list of mining options in Russia it seems.
     
    JulieW, Jan 8, 2014
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