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Albert Sung is the author of the Katchum Macro-Economic Blog, monitoring breaking economic news from a day to day basis. He started investing in 2008 because of the economic crisis and holds a masters degree in chemical engineering. Previously, he worked several years as a process engineer at... More
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Katchum's Macro-economic blog
  • China Gold Imports From Hong Kong Hit Record High In March 2013 0 comments
    May 7, 2013 11:57 AM | about stocks: GLD

    An update on the China Gold Imports from Hong Kong has just been put out on Bloomberg. It is amazing, how much they are buying, imports more than doubled.

    http://katchum.blogspot.be/2013/04/china-gold-imports-from-hk.html

    And the thing is, the massive drop in the gold price in April is not even counted in the numbers yet.

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    Disclosure: I am long AGQ.

    Stocks: GLD
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