advertisement

Henley Market Highlight

50 %
50 %
advertisement
Information about Henley Market Highlight
Finance

Published on March 3, 2014

Author: RobertChapman2

Source: slideshare.net

advertisement

March 2014 Swiss refiners working 24/7 While everybody has been focused on the (falling) "price" of gold during 2013, perhaps the most important story missed has been the "flow" of gold, more specifically the flow from London over Switzerland over Hong Kong to China, as gold is moving from west to east and from the western banking system into strong store of wealth hands in Asia. Swiss gold refineries have been particularly busy recently running 24 hours a day, as they recast 400-ounce bars that constitute good delivery in the London and New York bullion markets into smaller kilo bars preferred by Asian buyers. During January 2014 Switzerland imported CHF4.32bn (USD4.87bn) of gold and silver bullion from the UK, and exported more than 80% of the recast metal to Asia, with Hong Kong being the top destination. The reason why this should be of interest to investors is the simple fact that, while Westerners tend to trade shorter term, worry about price drops and easily tend to "throw in the towel" in fear, the majority of Asians think long term, welcome the discount to increase buying and are rather unlikely to want to give it back, i.e. the gold they purchase may not be available again to the market for many years, if not decades to come. Therefore, it appears to be only a matter of time before Western reserves currently supplying gold-hungry Asia run out, and a price surge of the yellow metal occurs. Martin W. Hennecke Group Chief Economist Read more: Respected economist, Martin Hennecke, joins The Henley Group Shanghai | Hong Kong | Singapore | London THE WEALTH MANAGEMENT PROFESSIONALS

Add a comment

Related presentations

Les changements sur le marché du distressed aux Etats-Unis et en Europe

Main Sections of the Report 1) Nifty Technical View 2) 4 Large Cap Trade Ide...

This presentation consits the yearly results of Kinepolis Group

Related pages

HENLEY ON THAMES - The Royal River Thames, from the ...

Henley. Highlights For rowing ... Hobbs of Henley. Station Road, Henley-on-Thames RG9 1AZ . ... Town Hall, Market Place, Henley-on-Thames RG9 2AQ.
Read more

Local View - Knight Frank

Local View 2015 Henley-on-Thames. 2 ... In here we highlight why we love Henley-on-Thames and the ... Henley-on-Thames is a charming market town, ...
Read more

Henley on Thames - Towns & Cities on the River Thames

The Henley Royal Regatta is the most famous in the world and a highlight ... Explore the historic towns of Henley on Thames, ... Henley is a market town ...
Read more

Henley Market Outlook

Henley Market Outlook August 2013 On the cusp. The Henley Outlook August 2013 Hong Kong, Singapore, Shanghai & London EUI TIES Global Overview ...
Read more

Henley Market Outlook - The Henley Group

Henley Market Outlook September 2013 Patience will be rewarded. The Henley Outlook September 2013 Hong Kong, Singapore, Shanghai & London EUI TIES
Read more

Henley Farms

Henley Farms, Virginia Beach, ... Farmers Market. VB Farmers Market. ... Highlights All Stories. See More Stories. 2014.
Read more

Chelsea Fringe Henley

Chelsea Fringe Henley is a local festival for everyone who is interested in gardens and gardening. Its emphasis is on inclusion and participation.
Read more

Lovibonds Brewery - Henley-on-Thames - Bewertungen und ...

Lovibonds Brewery, Henley-on-Thames: 23 Bewertungen und 2 Fotos von Reisenden. Lovibonds Brewery ist auf Platz 6 von 18 Henley-on-Thames Aktvititäten bei ...
Read more

Henley-in-Arden - Market Town & Villages - Within Warwickshire

Henley-in-Arden Here’s a real treat: a ‘street town’ whose famous mile-long High Street reveals the very best of English rural townscapes.
Read more

Henley Business School Discussion Paper Series

Easily accessible research. The Henley Business School Discussion Paper Series exists to disseminate new research of academic distinction at an early stage ...
Read more