Friday 23 November 2012

Extract from Gold and Silver Daily

17/11/2012

I have a couple of charts for you today. The first is courtesy of Washington state reader S.A...and it's self-explanatory. Silver rocks!
http://www.caseyresearch.com/gsd/sites/default/files/resize/Total%20Returns-469x249.jpg

(Click on image to enlarge)
The other is from Nick Laird and, based on his calculations, the graph is titled "Annual Chinese Gold Accumulation Since 2000"...and as Nick said in his covering e-mail..."At the current rate, China will exceed U.S. gold holdings within 4 years." One of Nick's presumptions when putting this graph together was "that all imports into China came in through Hong Kong." Some day we'll know for sure...maybe.
http://www.caseyresearch.com/gsd/sites/default/files/resize/China%20Gold%20Accumulation-469x357.png
Source: Gold and Silver Daily

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