17Mar 2016

Movement of Gold East on the Silk Road

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Appetite for Gold in the East Remains Voracious.

Rory Hall of the Daily Coin and I spoke yesterday about gold and silver demand in China, India, Russia and Kazakhstan – countries along the silk road.

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Supplemental Information on the Podcast:

India and Silver

India and Silver Overview

Indian Silver Imports 2008-2015 chart

Indian silver imports hit a record in 2015.

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India and Gold

India and Gold Overview

India’s Gold Monetization Scheme

India Silver and Gold Charts

Russia and Gold

Russian Central Bank gold reserves

Russian gold mining vs gold reserves 2006-2016

Russia is retaining an increasing percentage of its gold mining output.

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China and Gold

PBOC gold reserves

Shanghai Gold Exchange withdrawals

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