PRIVATE US GOLD IS FLOODING EAST AS US GOLD EXPORTS RISE 43% IN DECEMBER!

Image

 

Reuters reports that US gold exports were up 43% month over month to $4 billion in DecemberOn Friday, Commerce Department data showed U.S. exports of non-monetary gold, which excludes central bank transactions, soared by 43 percent to $4 billion in December from the previous month.

One-half of the total went to Hong Kong:

That’s the highest total and the biggest month-on-month jump
in U.S. private gold exports since September 2011, when gold
rallied to a record high over $1,920 an ounce. Prices are
currently about 14 percent below the peak at $1,643 per ounce.
Hong Kong accounted for around $2 billion, or half of the
nonmonetary gold exports for the month.

China last updated their official gold reserves at 1,054.1 tons in 2009. The next time China updates its official gold reserves, we would not be surprised to see the official number increase 10 fold.

FEBRUARY 11, 2013 BY  – Silver Doctors

http://www.MissionMining.com 

Advertisements

About Mission Mining

US Gold and Silver Mining - Our Nevada & California mining properties are anticipated to hold extremely large precious metals resources. The Company has posted over $400 Million in Assets in its OTC Filings. Come join us!
This entry was posted in Uncategorized and tagged , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s