OTCQX:MEAUF - Post by User
Post by
Kapboyon May 09, 2013 11:13am
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Post# 21360631
From Harvey Organs Blog last night.....
From Harvey Organs Blog last night..... I found this interesting group of statistics. As I have mentioned previously, the GLD is being drained of physical gold at an alarming rate. The Dutch bullion bank ABN AMRO declared a "Force Majeure" less than a month ago. Finding gold in large quantities to purchase is becoming more and more difficult.
Pleasse find attached below a listing of just how much gold is being drained from the GLD on a daily basis.
May 7/13....6.32 tonnes
May 6/13....4.51 tonnes
May 5/13....3.31 tonnes
May 2/13....3.6 tonnes
May 1/13....6.2 tonnes
April 30/13...3.32 tonnes
April 29/13....2.14.tonnes
Since the beginning of the year, the GLD has lost over 20% of it's gold inventory. China recently annouced huge purchases of physical gold.
Moneta has a PEA of 4.3 million onzes. We are unvalued.
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Kapboy