In this very informative video Mike Maloney discusses a few charts with Jeff Clark, senior precious metals analyst, and gives us an anlysis of the disturbing trend he sees in the gold market, gold moving from west to east.
Image from GoldSilver (w/Mike Maloney)
Topics
US Gold Stock Held by Treasury and Federal Reserve Banks
Snapshot from the video (0:41)
Shanghai Gold Exchange - Gold Withdraws
Snapshot from the video (2:35)
Chinese FOREX Reserves
Snapshot from the video (3:13)
Silk Road Gold Demand
Snapshot from the video (4:28)
Full Video
7 minute video from GoldSilver (w/Mike Maloney) published 22 August 2017
I am not affiliated with Mike Maloney. I am a subscriber to the GoldSilver (w/Mike Maloney) YouTube channel.
The purpose of this post is to expose Mike Maloney's work to a wider audience, increase his views on YouTube, and hopefully increase the number of subscribers to his YouTube channel.
nice post
How is your prediction about GOLD fore sir @etcmike?
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Like Mike Maloney, I see gold as a store of value. I do not have any end of year price target. I suspect it will be higher than it is now, but I am not sure.
Have a great week!
Mike
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oyes..... thank you sir for you information
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Awesome post
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You will be amazed to know that Indian ladies own 11% of the total gold in the world.
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I think I have heard that statistic before.
Have a great week!
Steem on,
Mike
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Thanks that was interesting. How much new gold is being mined every year? @etcmike
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http://www.gold.org/about-gold/gold-supply/gold-mining/gold-mining-map
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