Showing posts with label Dominic Frisby. Show all posts
Showing posts with label Dominic Frisby. Show all posts

Database confirms Max Keiser Guest statement (updated x 2)

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The biggest challenge of the BullionBars database is knowing what questions to ask of the data warehouse; at any given time there are a number of research streams in progress - but these do take time to build and mature. The biggest advantage (of having a huge chunk of data there) is the ability to run very quick random checks on anything bar-related. Today, Screwtape Files bolsters support for a particular story. Brought to my attention by Bron Suchecki this morning was a Max Keiser interview where guest Dominic Frisby makes a comment regarding Chinese gold bars (ref 20:30-21:15):

Dominic Frisby, Author/Writer
(edited for clarity) "... I had dinner about a year or two ago with the head of Gold at HSBC and one of the things that he described — and most of the world's gold goes through HSBC, at some stage — looking at the gold in his vault ... despite the fact that China is the biggest producer - he never sees bars, with Chinese stamps on them ..."

THIS OBSERVATION IS SUPPORTED BY THE DATA WE HAVE ON RECORD.