U.S. Gold Bullion Exports to Hong KongThe figures are out and it looks like the United States exported a record amount of gold to Hong Kong in January- a stunning 57 metric tons!  Not only is this 3 times more gold exported than January 2013 (17 mt), it was 84% more gold than the record month set in August (31 mt).  As we can see, gold bullion is fleeing the U.S. and heading to the East.  Again… that 57 mt figure is just gold bullion.
As the West continues to play games with Monopoly money and Derivatives manufacturing, the East accumulates as much gold as it possibly can.  While Main Stream Media and its Banker cohorts release bearish $1,050 price targets for gold, the Asians and Indians smile as they build the largest amount of gold stocks in the world.


From the SRSRocco Report:

The figures are out and it looks like the United States exported a record amount of gold to Hong Kong in January.  Not only was this a one month record… it was a WHOPPER indeed.

Last year, the U.S. exported a total of 215 metric tons of gold bullion to Hong Kong.  This was not the total amount of gold exported to Hong Kong as some smaller quantities of Dore’ and precipitates made their way into the country as well.

However, Hong Kong received more gold than any other country… Switzerland came in second at 150 metric tons.  The table below shows the breakdown in U.S. Gold Bullion exports in 2013:

Total U.S. Gold Bullion Exports Jan-Dec 2013

Here we can see that the highest month of gold bullion exports to Hong Kong in 2013 was in August at 30.7 metric tons (mt)… let’s just say an even 31 mt.  According to the data just released by the USGS, the United States exported a stunning 57 mt of gold bullion to Hong Kong in January.

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U.S. Gold Bullion Exports to Hong Kong

Not only is this 3 times more gold exported than January 2013 (17 mt), it was 84% more gold than the record month set in August (31 mt).  As we can see, gold bullion is fleeing the U.S. and heading to the East.  Again.. that 57 mt figure is just gold bullion.

Furthermore, total gold exports in January nearly surpassed the total hit in March of last year.  Total U.S. gold exports in March, 2013 were 80.8 mt compared to 80.7 mt in January of this year.

This is where the majority of the remaining gold was exported in January:

Gold Bullion:

Australia 3.1 mt, Thailand 2 mt, Switzerland 1.5 mt & Singapore 1.0 mt

Dore’ & precipitates:

Switzerland 10.6 mt, India 2.7 mt & United Arab Emirates 1.4 mt

As the West continues to play games with Monopoly money and Derivatives manufacturing, the East accumulates as much gold as it possibly can.  While Main Stream Media and its Banker cohorts release bearish $1,050 price targets for gold, the Asians and Indians smile as they build the largest amount of gold stocks in the world.

I get a real kick at the degree of negative sentiment coming from many gold and silver investors.  Who said this was going to be easy?  It’s simply amazing to watch a DIEHARD gold or silver bug become bearish and downright nasty now that times are tough.

However, this is exactly what the FIAT MONETARY AUTHORITIES had in mind.  Unfortunately, many have fallen for their plan… HOOK, LINE & SINKER.

GOD HATH A SENSE OF HUMOR.


  1. With all this willing purge of gold from our shores, it almost feels like TPTB are going for broke, just giving up on gold all together.  Do they have a future vision for a country that is forcefully absent of gold, and thus making PM illegal to own by its citizens?  Sending ALL the gold to the east is mind numbing.  This is similar to the insanity of a lemming migration.  Is that what’s happening or is there a plan to slap heavy taxes, fines, confiscation or whatever in order to rule a country that has no recourse to historical money?

    • It is difficult to say what is in the minds of others.  Clearly, they have faith in the fiat paper Ponzi scheme and are intent on carrying that forward at virtually any cost.  This selling of gold at depressed prices very much appears to be part of THE plan.  It seems as if we are selling out our financial heritage but we won’t know until the whole thing plays out.  Because of the nature of such things, it seems prudent to take out some financial insurance against a disastrous future… and both gold and silver make fine policies.
       
      The Gov does a lot of things.  But what we all need to remember is that We The People also have a say in what happens… a rather LARGE one, at that.  The future is NOT all about what the Gov does or what it allows us to do.  It has power because we ALLOW it to.  We can and will withdraw that authority if that seems necessary.  Yes, they WILL object to that.  They can do that and we should expect them to do that.  I just don’t see it as ending there.  The American people tend to be an easy-going lot but there are places we will NOT go.  If we get pushed too far, we WILL push back and as hard as necessary to make our points in this discussion.  I am hopeful that this will be satisfactorily resolved in a peaceful and political manner.  But it WILL be resolved, regardless of the methods we must use to defend liberty and freedom and support the US Constitution… whether our Gov does or not.
       

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