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Koos Jansen: Chinese weekly gold demand highest since February
1:35p ET Sunday, August 31, 2014
Dear Friend of GATA and Gold:
Offtake from the Shanghai Gold Exchange for the week ending August 22 was the most in 25 weeks, gold researcher and GATA consultant Koos Jansen reports today. He estimates that the gold reserves of the People's Bank of China likely have reached 4,000 tonnes, while admitting that he has no hard data indicating such a total. Jansen's commentary is headlined "Chinese Weekly Gold Demand Highest Since February" and it's posted at Bullion Star here:
https://www.bullionstar.com/article/chinese%20weekly%20gold%20demand%20h...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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