China Gold store in Shenzhen. China
A look at some 24k pure gold jewelry made in Nepal and a 5 ounce pamp suisse gold bar. Please consider supporting my youtube channel at http://patreon.com/alaskajohn
SUBSCRIBE to LOSER LAOWAI IN CHINA - https://www.youtube.com/channel/UC-G09c97zEqc9BNfVRNO3JQ SUBSCRIBE to ELITE NWO AGENDA for Latest on SILVER / U.S. DOLLAR COLLAPSE / GOLD / NEW WORLD ORDER / CHINA http://www.Youtube.com/EliteNWOAgenda GOLD BUYING IN CHINA - An Introduction to Buying Gold Bullion in China Gold Shops "Gold is set for another bearish year," Howie Lee, an analyst at Phillip Futures, said in a note Thursday before the metal's decline in U.S. trading hours. He cited a "strong signal" of interest rate hikes ahead based on changes in the U.S. Federal Open Market Committee statement Wednesday. "A hawkish U.S. Federal Reserve adds negative pressure on gold, as higher interest rates and a stronger dollar dims the appeal of gold as an alternative asset," Lee said. India overtook China as the world's biggest gold consumer in 2014 as global physical demand fell, an industry report showed on Thursday, forecasting that prices that have declined for the last two years would bottom out this year. Gold shipments to China from Hong Kong fell 32 percent in 2014 from a record a year earlier as lower prices failed to boost demand. Demand for luxury goods including bullion has been hurt by an anti-graft drive in China, while a rally in stock markets damped interest in the metal as an investment. Purchases of the precious metal that pushed China above India as the world’s biggest consumer after it dropped into a bear market in 2013 haven’t been sustained, leading banks including Goldman Sachs Group Inc. to predict further price declines A larger global currency shift is underway. The absolutely stunning decision by the Swiss National Bank to decouple from the euro has triggered billions of dollars worth of losses all over the globe. China has been quietly stockpiling gold for years now. In fact, it is stockpiling so much gold that many have speculated that it may be building a gold-backed yuan currency that would make the Dollar pale in comparison on the global market. Lots of other countries are rapidly buying up gold, too, including – Serbia, Greece, Ecuador, Mexico, Kazakhstan, Kyrgyzstan, and Tajikistan. But reportedly no one is buying gold at a faster pace than Russia. More than that, Putin has been positioning his motherland to team up with China to solidify the emerging BRICS system which aims to thwart decades of Anglo financial dominance with a un-dollar currency system that will also include a development bank. china gold shopping "gold bullion" "cash for gold" chinese 2015 jewelry jewellery "mainland china" import export bullion silver commodity gram "gold etf" money cash wealth wealthy savings "savings account" "bank account" banking "hong kong" hk travel store sale "chinese language" "silver coin" sell west asia currency "forex trading" "china yuan" rmb india premium "elite nwo agenda" jim rogers david icke lindsey williams glenn beck alex jones infowars jsnip4 demcad prepper george soros black in china girls macau coast to coast am With the gold price continuing to outperform stocks and cyclical commodities in 2010, debate has intensified over how much upside is left in gold’s bull market. One of the most successful investors of this generation, hedge fund magnate who rose to fame for shorting securities tied to the housing market prior to the financial crisis of 2008, recently expressed his bullish outlook for the gold price As for the gold price, very bullish on the yellow metal, noting that the price of gold has been highly correlated to the monetary base for as long as his firm, Paulson & Co., has tracked the data. Given his expectation for further money printing by the Fed – and that in 1980 the gold price rose by 100% more than the correlation implied – assets are denominated in gold – a strong indication of his disdain for fiat currencies. ukraine gold gone First, China buys physical gold in world markets, fabricates it where necessary into “good delivery” bars – in Switzerland or the Middle East – then ships the bullion, transparently through Hong Kong or Shanghai (or quietly through Beijing and other ports of entry). Second, it keeps virtually all domestically mined gold “in house.” The world was slow to wake up to the new reality in which China is now the de facto IMF sovereign backstop, as Zero Hedge described two weeks ago in “China Prepares To Bailout Russia” when we noted that a PBOC swap-line was meant to reduce the role of the US dollar if China and Russia need to help each other overcome a liquidity squeeze, something we first noted over two months ago in “China, Russia Sign CNY150 Billion Local-Currency Swap As Plunging Oil Prices Sting Putin.”
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One way Koreans keep their gold is in the form of 24K jewelry. The unit used in Korea for 24K gold is the "Don". A Don converts to 3.75 grams, and to 1/10th of "Tael". "Don" Korean jewelry is the highest possible close to pure gold and still be able to make jewelry. I have bought Don several gold chains and had them tested scientifically at the refinery. This chain tested at over 99% pure gold, but had a little bit of silver, which was used for soldering closed the chain links. Here is more info about Korean "Don" Gold Jewelry http://portlandgoldbuyers.com/korean-gold-jewelry-fineness/
China becomes world's largest gold consumer in 2013, according to lenta.ru. Chinese demand for gold increased by 32 percent within a year. Gold jewelry fabrication raised nearly a third to 724 tones, surpassing India for the first time. Indian consumption rose to 5 per cent to 987.2 tons last year.
Chow Tai Fook gold store chain in Hong Kong Take a look at another gold store but on mainland China, in this video: https://www.youtube.com/watch?v=N9DPkGgBItU Hong Kong 2014
Jewelry stores in Chinatown selling traditional ethnic Asian style jewelries is not an uncommon thing, but one store named “Popular jewelry” stands out in particular for attracting notable customers. On a wall inside the store, there are many photos of celebrities including Travis Scott, A$AP mob, Tracy Morgan, Macklemore, and pictured alongside them is Chiokva Eva Sam, the owner of popular jewelry.
Chinese Gold Pendant Necklace Guan Yin www.Addfavor com
My daughters birthday, you can see some of her friends on www.flowers-ofthe-orient.com so she got 1 baht weight in gold 96.5 % pure, 23 ct, 1 baht in weight = 15.2 grammes to go with the rest she has my wife stuck her elbow in my ribs so she got another 1 baht weight to go with her collection. I fly with Emirates from the UK and in Duabai airport you can buy 24ct gold either EK or Credit Suisse, its impossible to buy 100% gold so fine gold is 99.999 % pure, it is sold by weight from 5 gramme pendants to 1 kilo bars, when we bought ours a while ago it was less than £300 a troy ounce = 31.1 grammes and a avordupois ounce is what you buy potaoes in is 28 grammes, today gold is £686 an ounce thats why the shop was busy people selling their gold. You do the math £1 = 50 Thai baht. There are thousands of these shops in Thailand all selling identical jewellery at identical prices it's just that we have dealt with these people for many years.