OTCQX:MEAUF - Post by User
Post by
M139on Jul 12, 2013 7:46am
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Post# 21603572
Shanghai after hours trading and premiums through the roof
Shanghai after hours trading and premiums through the roofSupply is very tight, refineries need two or more months for delivery. Price of gold is not reflecting supply/demand, I predict gold will be going back up sharply by end of the year.
[url=https://www.reuters.com/article/2013/07/12/china-gold-futures-idUSL4N0FI23420130712][/url]
[url=https://www.reuters.com/article/2013/07/12/china-goldpremiums-idUSL4N0FI2FF20130712][/url]
Do the math on the second link, about 650 tons in one day versus about 550 tons for all of June.
Crazy times are ahead.
M