Sunday, July 20, 2014

Reserve Bank of India, apparently, intends to ban prod


The purity of gold 917
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June 20, 2012 A potential buyer of the London Metal Exchange (LME) Chinese company Hong Kong Exchanges & Clearing warned that it intends to change the rules of metals warehousing business, which investors are Goldman Sachs and Glencore.
The Chinese company, Hong Kong Exchanges & Clearing, said last Friday its intention to buy the London Metal Exchange for $ 2.15 billion, reported that it plans to change the rules governing network of warehouses that serve the exchange to reduce the waiting time of delivery of the purchased metal.
Long waiting aluminum supply from warehouses exchange caused sharp confrontation atmos clock for sale between consumers of metal, such as Coca-Cola, PepsiCo and General Motors, and the owners of warehouses, including Goldman, atmos clock for sale JPMorgan, Glencore and Trafigura.
At one time, banks and trading companies rushed to buy storage capacity, as during the acute phase of the financial crisis in warehouses accumulated a lot of metal. But now, when demand for metals is large, expect deliveries of purchased metal can be more than a year, consumers complain.
The most acute problem with deliveries observed in warehouses owned by Glencore in Holland and Goldman Sachs in Detroit. Due to the long waiting supplies premium for immediate delivery rose to a record, and this is despite the availability of goods in warehouses, puzzled atmos clock for sale tell consumers metals.
Charles Lee, executive director of Hong Kong Exchanges & Clearing, told the Financial Times, that the problem with the supply of metals from warehouses Exchange atmos clock for sale really exists. Besides LME increased postage metal.
Warehousing companies earn deposited metal, even if it was purchased, but can not be delivered atmos clock for sale because of the waiting queue. Consumers and metals atmos clock for sale trading companies complained that long queues guarantee deliveries of metals warehousing company constant flow of profit, so storage of metal producers persuaded to keep it in their warehouses, guaranteeing himself so stable income.
The largest owners of the London Metal Exchange are banks JPMorgan and Goldman Sachs. Disputes about increasing trade collection owners LME split into two camps. Investors believe that the problem in the management of the exchange will be the main reason for the owners to vote for sale LME Exchange.
By 2030, China could start mining gold, copper and other important minerals on the ocean floor, reported for the former head of China's marine resources. Now underdeveloped technology, and production turns out very expensive ...
China, which is a virtual monopoly in the world market of rare earth metals, owns 23% of the total reserves of rare earth metals atmos clock for sale in the world, most of which have long been known and is actively being developed ...
Hong Kong's financial exchanges atmos clock for sale operator Hong Kong Exchanges & Clearing, the fifth volume of the capital market in the world, is going to pay $ 2.15 billion for the London Metal Exchange (LME), which are traded on the industrial metals ...
Tajikistan and Chinese gold mining company Zijin Mining Group signed an agreement under which both parties intend to jointly contribute to the increase atmos clock for sale in gold production in the Central Asian nation ...
In April 2012, mainland China imported from Hong Kong, more than 101 kg. gold. This figure was the second record month. China for several years building atmos clock for sale up its gold reserves to protect against the financial crisis ...
China could trigger rise in gold prices, as the demand for gold jewelry in the country could increase by more than 30%, this report says WGC. China and India account for more than 50% of global demand for gold ...
During the first quarter of 2012 gold remained the main commodity exports and imports to Dubai - one of the emirates of the UAE. However, the major trading partners for Dubai are India and China ...
Angola atmos clock for sale announced its "Napoleonic" plans to develop gold and other minerals throughout the country. Grandiose plans based on the results of exploration work carried out in the past in 2011 ...
Earlier this year, the Republic of Belarus has received permission from the Government of Myanmar to conduct geological surveys for minerals. Belarus soon start producing gold and copper in Myanmar ...
Australia is the second largest gold producer in the world after China. Australian gold mining companies fear that it may lose its status as one of the most attractive places to invest in gold ...
The Government of the African country of Ghana, which is one of the largest gold producers in Africa, reported that it was closely atmos clock for sale monitoring the situation in the euro area, where it keeps its foreign atmos clock for sale exchange reserves, including gold ...
Reserve Bank of India, apparently, intends to ban prod

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