Gold Demand: This Country Has Analysts Divided

We all know two people can look at the same picture and see different things.  After all, that’s what the Rorschach test relies on. Analysts studying gold demand are no different – if you have a room full of experts, you’ll find only slightly fewer opinions than the number of people in the room.  The law of large numbers dictates that 2 of them will agree.  The rest would even argue that. 

So it’s no surprise to find out that analysts from Thompson Reuters and Metals Focus would disagree on 2018 demand from China.  It’s a match of completely reasonable analyses, differing only in which you want to believe.  In one corner, it’s believed that gold demand peaked in 2013. In the other corner, demand continues to increase, but with less demand for bars and more demand for lower-grade jewelry. 

Which analyst said which? You’ll have to read today’s featured article to find out.  It’s a good article, you’ll like it. Then let us know in the Comments what you think China’s demand will look like for the rest of 2018. 

Disclaimer: The Gold Enthusiast is not affiliated with either Thompson Reuters or Metals Focus, though we do read their articles from time to time.

 Related: US Exports Are Higher Than You Think. Here’s What This Means for You. 

About the author

Mike Hammer

Mike Hammer has had a wide-ranging career, with trading and investing as a continuing theme. Mike graduated with a business degree, then worked with Macy's. After Macy's he spent a summer trading his own account, which taught him a lot about trading in general and markets in particular. Trading through the Black Monday and the Crash of 1987 showed him how most people are unprepared for upheavals in their trading. He then joined a well-known financial planning firm as a financial advisor, helping regular people understand their finances and meet their life goals.

Then came the usual story - Mike met and married the lady of his dreams. They moved to upstate New York, where he worked first for a small manufacturing consulting company, then a major university. While loving the work and the higher-education atmosphere, Mike missed the world of finance. Eventually, he signed up for stock trading coaching with the Adam Mesh Trading Group, to learn from people who understood modern markets. Within a year, Adam asked Mike to become a stock trading coach.

Since then, Mike has trained over 200 individuals, spoken at several national conventions, and is a frequent contributor to conference calls across the Adam Mesh community. Mike writes The Gold Enthusiast daily newsletter, runs the Golden Hammer trading service, and participates in the Mesh Private Portfolio. He also keeps a position in international education which keep him in touch with "the student mindset". Mike closely follows the gold, energy, and financial sectors. His motto is "Plan your trade, then trade your plan!"

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