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Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high

 
Anonymous Coward
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02/14/2013 05:38 AM
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Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
Seems gold just can't be stopped!!

"The popularity of gold seems to keep building according to the World Gold Council latest release of global gold demand. From the release:

2012 sees gold demand hit record value level. Q4 2012 up 4% year-on-year as India, China and central banks drive demand

In value terms, gold demand in 2012 was US$236.4bn – an all-time high. Gold demand in value terms for the final quarter of the year was 6% higher year-on-year at US$66.2bn, marking the highest ever Q4 total.

And by weight:

Global gold demand in Q4 2012 was 1,195.9 tonnes(t), up 4% on the same quarter in 2011. In Q4 2012, the average gold price reached a record level of US$1,721.8/oz, up 1% on the previous record average price in Q3 2011. The average price during 2012 was US$1,669.0/oz, up 6% from US$1,571.5/oz in 2011,"

Rest here:

[link to www.goldmadesimplenews.com]
Anonymous Coward (OP)
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02/14/2013 05:53 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
Bump-diddy
Anonymous Coward
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02/14/2013 06:17 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
i was always under the impression that when so many people bought something like that in MASS that the price would go UP. why does it keep DROPPING?
Anonymous Coward (OP)
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02/14/2013 06:20 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
i was always under the impression that when so many people bought something like that in MASS that the price would go UP. why does it keep DROPPING?
 Quoting: Anonymous Coward 17578310


I know - it sure is frustrating for the gold investor... god knows what the powers that be are up to behind the scenes but that really is the most obvious answer...

You can only keep a beach ball underwater for so long tho!
Anonymous Coward
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02/14/2013 06:21 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
it will be recalled by obama, its next on his agenda
Anonymous Coward (OP)
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02/14/2013 06:53 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
it will be recalled by obama, its next on his agenda
 Quoting: Anonymous Coward 34352529


Got any linky for these thoughts ?
bill shitters 1.2

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02/14/2013 07:01 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
Demand may be 6% but the price over the past yr has fallen 5%

Someone is telling pokie pies
The retired thread killer


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we come in peace shoot to kill
[link to au.youtube.com]

I can not talk TO aliens but do listen to the anally probed
acegotflows

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02/14/2013 07:10 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
if you keep the prices falling

THEN YOU CAN USE LOWER VALUE TO HIDE MORE DERIVATIVES
"a foundation built on lies is always bound to crumble and those who aren't humble shall tumble to the earth"
acegotflows

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02/14/2013 07:11 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
I think it makes perfect logical sense

last time they were too obvious
this time they take a little hit on the obvious but diversify
that is why history always repeats but is never the same
"a foundation built on lies is always bound to crumble and those who aren't humble shall tumble to the earth"
Anonymous Coward
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02/14/2013 07:30 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
Seems gold just can't be stopped!!

"The popularity of gold seems to keep building according to the World Gold Council latest release of global gold demand. From the release:

2012 sees gold demand hit record value level. Q4 2012 up 4% year-on-year as India, China and central banks drive demand

In value terms, gold demand in 2012 was US$236.4bn – an all-time high. Gold demand in value terms for the final quarter of the year was 6% higher year-on-year at US$66.2bn, marking the highest ever Q4 total.

And by weight:

Global gold demand in Q4 2012 was 1,195.9 tonnes(t), up 4% on the same quarter in 2011. In Q4 2012, the average gold price reached a record level of US$1,721.8/oz, up 1% on the previous record average price in Q3 2011. The average price during 2012 was US$1,669.0/oz, up 6% from US$1,571.5/oz in 2011,"

Rest here:

[link to www.goldmadesimplenews.com]
 Quoting: Anonymous Coward 34340614


gold based currency is almost here :D
acegotflows

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02/14/2013 07:33 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
Think about it... what idiots would buy stocks at all time highs

UNLESS THEY PUT OPTIONS and then crash on purpose


3/22 anybody????????

IS THIS MAKING SENSE YET?
"a foundation built on lies is always bound to crumble and those who aren't humble shall tumble to the earth"
Anonymous Coward
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Netherlands
02/14/2013 08:17 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
I wonder if gold will ever break trough the 1700/oz barrier again, i dont think so.
Anonymous Coward
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02/14/2013 08:23 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
bubble to be shorted big money no war no bubble
Anonymous Coward (OP)
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02/14/2013 08:43 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
Demand may be 6% but the price over the past yr has fallen 5%

Someone is telling pokie pies
 Quoting: bill shitters 1.2


demand and price are NOT the same thing...
Anonymous Coward
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02/14/2013 08:51 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
Demand may be 6% but the price over the past yr has fallen 5%

Someone is telling pokie pies
 Quoting: bill shitters 1.2


demand and price are NOT the same thing...
 Quoting: Anonymous Coward 34340614


Every expert in the Gold industry knows that the price is rigged. Just looked at Libor. Some believe it's the Presidents Group on Financial Markets that does the rigging.

[link to en.wikipedia.org]
Anonymous Coward (OP)
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02/14/2013 08:59 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
Demand may be 6% but the price over the past yr has fallen 5%

Someone is telling pokie pies
 Quoting: bill shitters 1.2


demand and price are NOT the same thing...
 Quoting: Anonymous Coward 34340614


Every expert in the Gold industry knows that the price is rigged. Just looked at Libor. Some believe it's the Presidents Group on Financial Markets that does the rigging.

[link to en.wikipedia.org]
 Quoting: Anonymous Coward 30929538


I've watching the gold price actively for the past 7 years and this latest period is without doubt the oddest and most frustrating... I mean come on - the world is ACCELERATING their printing... gold should be well through 2000 by now...

However, the more it is held down the higher the snap the other way will be... classic bull market stuff really!
Anonymous Coward (OP)
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02/14/2013 09:11 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
I wonder if gold will ever break trough the 1700/oz barrier again, i dont think so.
 Quoting: Anonymous Coward 14505884


You are kidding right!?!?!
Anonymous Coward
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02/14/2013 09:15 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
lol GOLD UP 6% ON YEAR?

DOW WAS UP 30%
Anonymous Coward
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02/14/2013 09:19 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
There are two sorts of gold. Physical gold and paper gold. If you have tried to buy real gold coins during the last months you will have noticed that real coins and bars have become rare.
But paper gold is unlimited (certificates, futures and such). Paper gold rises and falls and rises and falls... this affects the official gold price. But it doesn't mean that people actually buy and sell physical gold, only the paper gold is traded.
Imo physical gold is much, much more worth than it is officially traded. A gold price of 10,000 or even 20,000 would be possible if it wasn't for unrealistic paper gold trades.
acegotflows

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02/14/2013 09:22 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
There are two sorts of gold. Physical gold and paper gold. If you have tried to buy real gold coins during the last months you will have noticed that real coins and bars have become rare.
But paper gold is unlimited (certificates, futures and such). Paper gold rises and falls and rises and falls... this affects the official gold price. But it doesn't mean that people actually buy and sell physical gold, only the paper gold is traded.
Imo physical gold is much, much more worth than it is officially traded. A gold price of 10,000 or even 20,000 would be possible if it wasn't for unrealistic paper gold trades.
 Quoting: Anonymous Coward 34387194


this is the issue of the market... the real players ONLY deal in physical...
"a foundation built on lies is always bound to crumble and those who aren't humble shall tumble to the earth"
Anonymous Coward (OP)
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02/14/2013 09:25 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
lol GOLD UP 6% ON YEAR?

DOW WAS UP 30%
 Quoting: Anonymous Coward 19099851


Jesus Christ can nobody read??? DEMAND was up 6% NOT the price...

But since you asked:

Dow up 0% in the past 4 years

Gold up 150% in past 4 years

NUFF SAID
bill shitters 1.2

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02/14/2013 09:31 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
I like most feel the price is way under real price
The other day it was posted that the chinks nd commies are buying up as much as they can get there mits on
The retired thread killer


Still the killa of threads

we come in peace shoot to kill
[link to au.youtube.com]

I can not talk TO aliens but do listen to the anally probed
Anonymous Coward
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02/14/2013 09:32 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
I wonder if gold will ever break trough the 1700/oz barrier again, i dont think so.
 Quoting: Anonymous Coward 14505884


Exactly, all those retards buying worthless gold!

I'm saving my money in the bank, its guaranteed by government and these idiots are buying gold that could be stolen!

cruise
Anonymous Coward (OP)
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02/14/2013 09:34 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
lol GOLD UP 6% ON YEAR?

DOW WAS UP 30%
 Quoting: Anonymous Coward 19099851


If you want an apples to apples comparison then look at this:

[link to www.ritholtz.com]

Dow Jones 'demand' is off about 50% in 2012 whereas gold demand was UP 6%...

What do you think they're talking about when they say 'record low VOLUMES' in the stock market
Anonymous Coward (OP)
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02/14/2013 09:34 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
I wonder if gold will ever break trough the 1700/oz barrier again, i dont think so.
 Quoting: Anonymous Coward 14505884


Exactly, all those retards buying worthless gold!

I'm saving my money in the bank, its guaranteed by government and these idiots are buying gold that could be stolen!

cruise
 Quoting: Anonymous Coward 34379378


HAHA... nice!
Anonymous Coward
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02/14/2013 09:35 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
I like most feel the price is way under real price
The other day it was posted that the chinks nd commies are buying up as much as they can get there mits on
 Quoting: bill shitters 1.2


I think the same, but if gold is cheap at £1000/$1600 an ounce what the fuck is it really going to be worth if this house of cards comes down?

Are we going to see situations like Wiemar when people were buying a street/a city block of property for 25 ounces of gold?
Anonymous Coward
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02/14/2013 09:36 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
I wonder if gold will ever break trough the 1700/oz barrier again, i dont think so.
 Quoting: Anonymous Coward 14505884


Exactly, all those retards buying worthless gold!

I'm saving my money in the bank, its guaranteed by government and these idiots are buying gold that could be stolen!

cruise
 Quoting: Anonymous Coward 34379378


HAHA... nice!
 Quoting: Anonymous Coward 34340614


Glad you picked up on the sarcasm bro!

hf
Anonymous Coward (OP)
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02/14/2013 09:41 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
I like most feel the price is way under real price
The other day it was posted that the chinks nd commies are buying up as much as they can get there mits on
 Quoting: bill shitters 1.2


I think the same, but if gold is cheap at £1000/$1600 an ounce what the fuck is it really going to be worth if this house of cards comes down?

Are we going to see situations like Wiemar when people were buying a street/a city block of property for 25 ounces of gold?
 Quoting: Anonymous Coward 34379378


Somewhere between 10k and 16k according to this

[link to www.goldmadesimplenews.com]
acegotflows

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02/14/2013 09:42 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
I wonder if gold will ever break trough the 1700/oz barrier again, i dont think so.
 Quoting: Anonymous Coward 14505884


Exactly, all those retards buying worthless gold!

I'm saving my money in the bank, its guaranteed by government and these idiots are buying gold that could be stolen!

cruise
 Quoting: Anonymous Coward 34379378


THAT has made my morning so far


"a foundation built on lies is always bound to crumble and those who aren't humble shall tumble to the earth"
Anonymous Coward (OP)
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02/14/2013 09:54 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
I wonder if gold will ever break trough the 1700/oz barrier again, i dont think so.
 Quoting: Anonymous Coward 14505884


Exactly, all those retards buying worthless gold!

I'm saving my money in the bank, its guaranteed by government and these idiots are buying gold that could be stolen!

cruise
 Quoting: Anonymous Coward 34379378


THAT has made my morning so far


 Quoting: acegotflows


So that's where that comes from! Got a mate who uses that phrase all the time!
Anonymous Coward
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02/14/2013 10:15 AM
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Re: Q4 2012 gold demand up 6% year-on-year as 2012 sees demand hit a record high
The chinese get a lot of it. All our electronics, cell phones etc use gold. Demand is huge





GLP