SG is world new Gold Souk liao

[k1976]

https://www.google.com/amp/s/www.cn...-gold-market-said-the-world-gold-council.html

 

[k1976]

• Singapore is set to become a leading gold hub as trading shifts east, said the World Gold Council's Head of Asia-Pacific and Global Head of Central Banks, Shaokai Fan.
• The country's proximity to these central banks which are actively snapping up gold, is a key reason for that, Fan said.
• This is on top of the rise in gold consumption from major emerging market economies, a majority of which are concentrated in Asia.

 

[laksaboy]

Very suspicious.

Finance exec’s golden rule: Investing a must, with gold a hedge against market uncertainty​

SEP 03, 2023
https://www.straitstimes.com/busine...-with-gold-a-hedge-against-market-uncertainty

Mr Shaokai Fan came to Singapore in 2014 and is currently the head of Asia-Pacific, ex-China, and global head of central banks at the World Gold Council.

 

[Rogue Trader]

The gold market is another scam. There's more gold being held (in terms of certificates) than the physical commodity discovered on Earth.

 

[laksaboy]

http://www.iwep.org.cn/xscg/xscg_sp/202404/t20240416_5746544.shtml

多国央行增持黄金储备

熊爱宗 邢玙璠​

　　当前，各国央行增持黄金需求旺盛。1月31日，世界黄金协会发布的《全球黄金需求趋势报告》显示，2023年全球黄金总需求量为4898.8吨，相比2022年增长3%，创下历史纪录。其中，各国央行仍是黄金的重要增持者，2023年各国央行净购金量为1037.4吨，占黄金总需求量的21.2%

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The 'World Gold Council' official website has a China registration code. Scroll to the bottom of the home page, it's written there.

https://www.gold.org/
https://china.gold.org/central-banks

沪ICP备16026324号-1 公安备案号31010602004116 ©2024 世界黄金协会 版权所有

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Did the PAP technocrats check this Shaokai Fan’s background before letting him come here in 2014?
​