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Koos Jansen: Demand on Shanghai Gold Exchange remains steady
3:15p ET Monday, July 14, 2014
Dear Friend of GATA and Gold:
Withdrawals from the Shanghai Gold Exchange for the week ending July 4 were very close to withdrawals for the previous week, continuing at a rate that, annualized, would reach 1,900 tonnes, according to gold researcher and GATA consultant Koos Jansen's report today. But, Jansen writes, Shanghai gold has been trading at a slight discount to London gold, indicating no shortage in China at the moment. Jansen's analysis has begun to be posted at the Bullion Star Internet site --
https://www.bullionstar.com/article/chinese%20gold%20demand%20973%20my%2...
-- but his previous analyses will remain posted at his own Internet site, In Gold We Trust, here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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