I know a fella who has stated several times that the stash has been parked at Chase Manhattan Center. Purchased over a period of years by J.P. Dimon on behalf of China, Inc. Those EFR's and block trades have also likely contributed to movement. As you know, in recent history The America- Bank- of- Corp. took over a major role from CITI and HSBC to become a major Player. It's no coincidence that HSBC has been a large Dumper. I'd posit (as I also have in the past) that many of these transactions are conducted in order to trade one metal/ security/ asset for another. Silver for gold as an example. This is not just COMEX. It's a web which includes Canadia (see BMO) and a couple locations in American Tejas.
I'd also speculate that ASAHI is refining mine supply for the benefit of our favorite Criminal Enterprise(s). Your own numbers show massive stacking over at the J. Dime Headquarters. Both
C & H. You know... cuz They're the Custodians here and there. Possession and such, right?
No NDA's necessary, as the process is plenty opaque
No previous, to my scant knowledge, naming of the perpetrators in the PBOC link-up, even though it's a logical methodology for East to West transfer. HSBC makes sense given the historical association with the far east and the fact that Citi has closed all of it's overseas franchises.
I know a fella who has stated several times that the stash has been parked at Chase Manhattan Center. Purchased over a period of years by J.P. Dimon on behalf of China, Inc. Those EFR's and block trades have also likely contributed to movement. As you know, in recent history The America- Bank- of- Corp. took over a major role from CITI and HSBC to become a major Player. It's no coincidence that HSBC has been a large Dumper. I'd posit (as I also have in the past) that many of these transactions are conducted in order to trade one metal/ security/ asset for another. Silver for gold as an example. This is not just COMEX. It's a web which includes Canadia (see BMO) and a couple locations in American Tejas.
I'd also speculate that ASAHI is refining mine supply for the benefit of our favorite Criminal Enterprise(s). Your own numbers show massive stacking over at the J. Dime Headquarters. Both
C & H. You know... cuz They're the Custodians here and there. Possession and such, right?
No NDA's necessary, as the process is plenty opaque
As now (mid-late December) others are reporting, a renewed, but un-publicised, return of China' buying.
No previous, to my scant knowledge, naming of the perpetrators in the PBOC link-up, even though it's a logical methodology for East to West transfer. HSBC makes sense given the historical association with the far east and the fact that Citi has closed all of it's overseas franchises.
China, Russia, India, and other eastern countries send a huge "Thank You" to our stupid banks.
Understatement :-/