David Morgan Basic Plus Membership - Latest Silver Video Update

SilverSanchez

SilverSanchez

Active Member
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
 
Seriously?

I get David Morgan to personally authorise a free viewing of his latest silver update for members and only two people are greatful!
 
So the COMEX is holding approximately one year's gold imports by China and Russia.

Very interesting thanks SS.
 
Thanks for posting SilverSanchez.

JulieW said:
So the COMEX is holding approximately one year's gold imports by China and Russia.
Click to expand...

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?
 
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.
 
Used as an analogy. I agree they have more than a few sources but it shows the fragility of the COMEX.
 
JulieW said:
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.
Click to expand...

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.
 
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.
 
You must log in or register to reply here.
Back
Top