Monday, October 24th, 2016 MST

Gold smuggling in India continues, predicted to increase

“Gold smugglers run riot in India,” says Shivon Seth, writing on This confirms that new regulations by the Central Bank of India have not dampened the buying of gold in the world’s second most populous country. Indian revenue authorities fear smuggling could rise to over 150% more than last year, Seth says. A long-time

Will gold being shipped to Asia expose shortage?’s August 7 blog post with Stephen Leeb discussed the strong demand for gold in China, despite what the media report. Leeb says that this year China is set to import some 1,200 tons. But, China is not the only Asian country where the demand for gold is strong. Most physical gold sold in Asia

Gold hedging resurfaces

Always looking for negatives to report about gold, the media is now talking about “a return to hedging,” with the suggestion that gold miners are about to dump on the markets huge quantities of yet to be mined gold.  Nothing could be further from the truth. Hedging occurs when a miner, or a gold reclaimer,

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