Chinese Port Stops Metal Shipments Due to Probe, Trade Sources Say
By Melanie Burton
Reuters
Monday, June 2, 2014
SYDNEY, Australia -- China's northeastern port of Qingdao has halted shipments of aluminium and copper due to an investigation by authorities, causing concern among bankers and trade houses financing the metals, trading and warehousing sources said on Monday.
Port authorities could not immediately be reached for comment. ...
"Banks are worried about their exposure," one warehousing source in Singapore said.
"There is a scramble for people to head down there at the minute and make sure that their metal that they think is covered by a warehouse receipt actually exists," he said. ...
... For the full story:
http://in.reuters.com/article/2014/06/02/china-qingdao-metals-idINL6N0OJ... [1]
Jim Sinclair plans gold investing seminar in Denver on June 21
Gold advocate and mining entrepreneur Jim Sinclair will hold his next gold investing seminar from 2 to 6 p.m. on Saturday, June 21, at the Holiday Inn & Suites at Denver Airport, 6900 Tower Road, Denver, Colorado 80249. Admission will be $100. For more information, please visit:
http://www.jsmineset.com/qa-session-tickets/ [2]
Join GATA here:
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
New Orleans, Louisiana
Wednesday-Saturday, October 22-25, 2014
https://jeffersoncompanies.com/new-orleans-investment-conference/home [3]
* * *
Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:
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http://gata.org/node/wallstreetjournal [6]
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