CHINA IS THE GOLD POWER HOUSE----------By Shan Saeed

WEST VS EAST MIND SET. INDEPTH ANALYSIS

People are selling Gold and Silver in the west. In the east, investors and people are only buying Gold and Silver for wealth protection. Recent views and market indication, all reveal, investors have built their trust in Gold and Silver for wealth preservation and financial repression. China is the world’s largest gold producer. Align your strategy with Chinese yuan and PAGE i.e. Pan Asian Gold Exchange set up in June 2012 to make sustainable revenues going forward. Gold is a classy strategic asset for the rich people to stay rich. Gold is not for every investor.

GOLD PRODUCTION CHART OF 2011

Countries                    Gold production in Metric Tons

China                                       355

Australia                                  270

USA                                        237

Russia                                      200

South Africa                           190

Peru                                         150

Canada                                                110

Indonesia                                100

Ghana                                      100

Uzbekistan                               90

Mexico                                     85

Papua New Guinea                   70

Brazil                                         50

Chile                                          45

Mongolia                                   27

Sources : US Geological Data -2012,   

World Gold Council, 

 IMF  & Economist magazine

ROMANCE IN LUXEMBOURG

China has made her intentions very clear after she did not get a good response from London financial center to trade its transactions to choose Luxembourg as the next best destination for economic growth and emergence of the new Chinese era of financial innovation with European pioneers.  According to Financial Times and Wall Street Journal newspapers, British regulators are not impressed by Chinese way of accounting and style of leadership in banking industry. So many big chinese financial institutions are relocating to a new found love in Luxembourg. Luxembourg would provide an ideal platform to execute Chinese presence and make China’s next financial hub globally. China will trade Gold, Oil, Silver, Copper, Agri –commodities and everything under the sun in the heart of Europe i.e. Luxembourg.

GOLD BULLION MARKET

And yet – according to some experts and reliable sources – gold bullion brokers have not seen any gold coming from China. In other words, China is producing more gold than any other country, but isn’t exporting any of it.  In addition, china is importing huge quantity of Gold from Africa, Australia and Indonesia. As such, China is quietly becoming a gold superpower. China has an excellent habit of being quiet for several years at a time, and then announcing big increases in gold holdings. So quoting old numbers will only mean that one is caught flat-footed as to China’s current holdings. Happy investing in the Gold market.

Disclaimer: This is just a research piece and not an investment advice. All financial transactions carry a RISK.