Minipod- DB says Majority of Brics Gold Buying Secretive (and Growing)
"Two-thirds of official gold demand is now unreported and cannot be linked to individual countries in the IMF data."
Contents (1700 words)
**Special Minipod Summary
Unreported Official Demand and China’s Central Role
Russian Asset-Freeze Effect
Unreported Demand is Massive
Estimating China’s Contribution
Conclusion: No slowdown yet
GoldFix Comments:
The Irrelevance of IMF Data
Fragmenting Hurts
The Shorts Now Legal Rationalization as Alarm Bell
EU CYA: A Fishy Pivot on Russia