Customer Support Languages
Your Account
Koos Jansen is a precious metal analyst from the Netherlands. Koos
mainly provides unique insights about Chinese gold market.
Koos Jansen
Silverdoctors published an article on April 9, 2014 titled: PUTIN SENDS THE WEST A GOLDEN MESSAGE: CENTRAL BANK OF RUSSIA CHANGES LOGO TO GOLDEN RUBLE. The article presents a “Google Translate" from the Russian website 1prime.ru and states the Russian central bank has changed it’s logo into a Golden Ruble. From Silverdoctors: According to reports … Continue Reading 
Koos Jansen
Within 2014 the State Council aims to implement a new deposit insurance system for its banks. While one might think this is meant to lower systemic risk, it’s actually meant as a step to shift risk from te government to its citizens. Handing the people the opportunity to be more responsible for their own financial … Continue Reading
Koos Jansen
Great watch on High Frequency Trading Trading rigging markets. The debate about HFT is between William O’Brien, BATS Global Markets Presidents, Brad Katsuyama, IEX Group President, and Michael Lewis, Author of Flash Boys. Broadcasted on CNBC April 2, 2014. In Gold We Trust Continue Reading
Koos Jansen
I had the privilege to meet with Jim Rickards, while he was in The Netherlands for one day, to do an interview about his new book “The Death Of Money“. Accompanied by friend (and author of the book the The Big Reset) Willem Middelkoop we met at the hotel were Jim was staying and for one and … Continue Reading
Koos Jansen
I found this a very informative interview about the Indian gold market. Sunny Pannu asks Jayant Bhandari, institutional advisor and writer with jayantbhandari.com, to briefly summarize the most important aspects of the Indian gold market. The Asian Gold Myth In Gold We Trust Continue Reading
Koos Jansen
The price of gold is rising, but is this purely because of the tensions in the Ukraine? Not entirely, I think it adds fuel to a supply shortage created by enormous Chinese physical demand since April 2013. While paper sentiment might change today or tomorrow, the physical reality will eventually be the main driver to … Continue Reading
Koos Jansen
Another week (24-02-2014/28-02-2014), another 49 mt of Chinese gold demand in the form of withdrawals from the Shanghai Gold Exchange vaults. Withdrawals year to date account for 418 mt. This brings February Chinese gold demand to 172 mt, down 30 % from an all-time 246 mt record in January. Let’s not talk about the COMEX. In … Continue Reading
Koos Jansen
There will be a gold & silver conference on March 29 in Nieuwegein, the Netherlands, organized by Edelmetaal-info.nl. I will be part of a panel discussion with Willem Middelkoop. More info can be found here. Tickets can be bought here. For a discount on tickets you can use my code KJ14 on the registration form. Hope to … Continue Reading
Koos Jansen
All over the media we have seen extreme gold shopping sprees around new year and at the Lunar year in China. This resulted in an all time Chinese gold demand record in January – which accounted for 246 tons. In the screen shot below the second number from the right (green – 本年累计交割量) is the amount … Continue Reading
Koos Jansen
Yesterday I published an interview by German newspaper Handelsblatt with Carl-Ludwig Thiele, Member of the Executive Board of the Deutsche Bundesbank, that was published in english on the website of the Bundesbank regarding the progress of the German gold repatriation process. This publication was clearly an attempt to convince the international audience that there were absolutely no... Continue Reading
Koos Jansen
INTERVIEW 2014-02-19 Interview with Carl-Ludwig Thiele, Member of the Executive Board of the Deutsche Bundesbank, published in Handelsblatt on 19 February 2014. Translation: Deutsche Bundesbank Interview conducted by Norbert Häring and Jens Münchrath. Mr Thiele, do you consider yourself a kind of psychotherapist of the German soul? No, why should I? Bundesbank President Jens … Continue Reading
Koos Jansen
I stumbled upon a few interesting reads about the end of the Bretton Woods system in August 1971. In those years there was a lot of monetary turmoil, just like now. Before 1971 the US dollar was pegged to gold, and foreign countries held dollars in reserve because the US had promised they were “as … Continue Reading
Koos Jansen
One of the initiators of the German public campaign “Repatriate our Gold” is Peter Boehringer of “German Precious Metal Society” (est 2006). After lengthy efforts together with partner the “European Taxpayers Association”, the team finally, in January 2013, brought about Bundesbank´s decision to repatriate 300 tons of gold from the US and 374 tons from France … Continue Reading
Koos Jansen
You can read part one here. Eventually all five parts can be found in the side bar of this website under the header “Online Education" Written by James Orlin Grabbe in the late nineties. Part 2 How Foreign Exchange Intervention Affects the Money Supply In order to succeed, a regime of fixed exchange rates (and under … Continue Reading
Koos Jansen
Written by 24 carat The Rockefellers, The Rothschilds and many other giant Dynasties… These financial industry giants lived through all the wealth cycles of the past 100 years and more. What used to be long term wealth investments evolved to the day-trading, making money activities, with a top in the year 2000. Then the financial … Continue Reading
Koos Jansen
Education has been an important part of my journey through economics in recent years. I’ve experienced it was hard to find oriented material for what I was looking for. If you have all the time in the world you can read hundreds of books and probably you will come across the topics you were specifically … Continue Reading
Koos Jansen
Friday January 10, 2013, the first Chinese gold report was released by the SGE. First let’s look at the amount of gold withdrawn from the vaults. Below is a screen dump from the withdrawals in the first trading week of 2014, which covered 30-12-2013 / 3-1-2014 (there was no trading on 01-01-2014). The green number … Continue Reading
Koos Jansen
Only 11 % of Dutch official gold reserves, which is 613 tons in total, is stored in Amsterdam. The rest is held abroad; 20 % in Ottawa, 20 % in London and 49 % in New York. Because of my believe gold will re-enter the monetary system within a few years I’m most concerned about the … Continue Reading
Koos Jansen
Written by 24 carat. Up until now, the gold price did never caught up with 100 years of currency devaluations. This makes us believe the $ is better than gold, accomplished through the artificial fixing of the gold price. The international $ monetary system still dictates the entire world what the appropriate gold price is. The … Continue Reading
Koos Jansen
The next translation I present is from a speech by Tan Ya Ling, President of the China Foreign Exchange Investment Research Institute, given on a gold conference May 7, 2013 Beijing. Probably it’s not the whole speech as the title of the original article mentions oil, but the article itself doesn’t. When I googled Tan Ya … Continue Reading
Koos Jansen
Friday the numbers were released on total Chinese gold demand for 2013. Total demand can be measured by the amount of physical gold that is withdrawn from the vaults of the Shanghai Gold Exchange. In the last full trading week (#52, December 23 – 27) of 2013 there were 53 tons of physical gold withdrawn, which … Continue Reading
Koos Jansen
I’ve got a confession to make: I believe in conspiracy facts. After having witnessed scandals like NSA, LIBOR, Lance Armstrong, ISDAfix, money laundering by too big to fail banks, rigged currency rates, Bernie Madoff, the US sub-prime crisis, bank bailouts (in Europe and the US), the Greek tragedy, 9/11, the Iraq invasion and Enron, I came to the conclusion it is just what people... Continue Reading
Koos Jansen
This email was just sent to me by one of my Chinese friends. New year’s eve is big sales day in Shanghai. The biggest shopping mall usually sell as much goods on 12/31 as it sells in one month. This shopping mall stocked 200 kilos of gold bars and sold out in 3 hours because … Continue Reading
Koos Jansen
Gold will return to the international monetary system and China will have a great influence in how this will play out. In 2013 China has imported 2000 tons of gold, quickly becoming one of the most powerful voices at the IMF table. In the following translation we can read how Mr. Zu He Liang, director at … Continue Reading
Koos Jansen
In the end stage of 2013, in between 16 – 20 December, the “Chinese Aunties" have withdrawn 55 tons of gold from the vaults of the Shanghai Gold Exchange. That’s more than the official gold reserves of Finland and most likely more than what has been globally mined that week. The Chinese gold rush has been … Continue Reading
Koos Jansen
The most significant parameter to measure the gold distribution from west to east is the trade vein that runs from the UK through Switzerland through Hong Kong, eventually reaching Shanghai. The UK Source In October the UK has net exported 90 tons of gold to Switzerland, – 16 % m/m, year to date the Swiss … Continue Reading
Koos Jansen
While I’m still researching all the other ways of how the Chinese may be smuggling gold from Hong Kong into the mainland, I came across an interesting video from CCTV in which is exposed how smugglers dig tunnels underneath Honk Kong borders in order to transport “goods" to places where there is demand for “goods". … Continue Reading
Koos Jansen
The amount of gold withdrawn from the Shanghai Gold Exchange vaults has been increasing in recent weeks. After an explosive week in April, when 117 tons of gold were withdrawn, weekly averages came down to a constant 40 tons throughout the year. At the end of October it seemed Chinese demand for physical gold was … Continue Reading
Koos Jansen
Since October 2013 there is a new chairman at the Shanghai Gold Exchange. After Shen Xiangrong (2002) and Wang Zhe (2010), it’s now the turn to Xu Luode (2013): Xu Luode was born in 1962 and has been a member of the Chinese Communist Party since June 1982. In 1983 he graduated as a Bachelor in Economics at … Continue Reading
Koos Jansen
On 17 and 18 September 2011 a conference on “risk management for Chinese corporations" was held in Shenzen, China, organized by the research center of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). An introduction of a few speakers: General Qiao Liang, who wrote this book. Mei Xinyu, researcher at the Chinese Academy of International... Continue Reading
Koos Jansen
This week the the Hong Kong Census and Statistics Department officially released their trade numbers from October. Whilst they offer specific numbers in advance to anybody willing to pay, I rather wait for the total booklet to be published free of charge. Most significant is the amount of gold net exported to the mainland, up 21 … Continue Reading
Koos Jansen
Physical withdraws from the Shanghai Gold Exchange vaults were up 8 tons last week, 51 tons from 43 tons a week earlier, up 16.53%. As we heard a few days ago from the biggest refinery in Switzerland they have been working 24 hours a day in three shifts all year in order to supply the Chinese, and this … Continue Reading
Koos Jansen
Wednesday I had the privilege again to interview Alex Stanczyk, Chief Market Strategist for the Anglo Far- East group of companies, who just returned from a trip to Switzerland. Alex confirmed to me the distribution of gold from west to east is not slowing down whatsoever. Refineries in Switzerland are still working 24 hour a day … Continue Reading
Koos Jansen
Bitcoins can vanish, gold can not. That’s the bottom line for me. Like most people I’m not a software engineer, for me it’s nearly impossible to ever be sure about the safety of Bitcoin. My trust in the virtual currency can only be based on my trust in software engineers. If I deposit one troy ounce … Continue Reading
Koos Jansen
Physical delivery from the Shanghai Gold Exchange remains extraordinary robust throughout November. According to numbers released today by the SGE, last weeks delivery was 43 metric tonnes, up 7.5 % from a week earlier. Total SGE delivery year to date stands at 1928, on track to reach 2092 tons at the end of December. Total … Continue Reading
Koos Jansen
After Nixon “temporarily" suspended the convertibility of dollars into gold in 1971, because evil international speculators were attacking the US dollar, some of the European countries were not amused the US broke its promise. In the years that followed a diplomatic battle ensued; the US wanted to completely phase out gold from the monetary system in … Continue Reading
Koos Jansen
India’s official gold import is coming down like a hammer. In August India’s gross gold import was a mere 17 tons, – 72 % m/m, – 65 % y/y. The lowest since February 2009. In the first 8 months of this year total gross import accounted for 708 tons, up 111 tons compared to the … Continue Reading
Koos Jansen
In September 37.642 tons of gold were produced in China, according to the China Gold Association. January-September Chinese gold mining totaled 307.809 tons. Compared to last year, gold production increased by 19.608 tons, an increase of 6.8 %. China is on track to mine 410 tons in 2013, being the biggest gold miner for seven consecutive years. In 1949 the Chinese … Continue Reading
Koos Jansen
The great distribution of wealth and power, facilitated by gold, from west to east is still going strong. From looking at available global trade numbers we know the main gold vein runs from the UK through Switzerland, through Hong Kong, eventually reaching Shanghai. Let’s take a look at the latest data. Starting Point: The London Gold Vaults It started … Continue Reading
Koos Jansen
In part four of Jan Skoyles and Koos Jansen’s look into China’s gold market they turn their attentions to the individuals behind the moves to get China investing in gold. In our superb infographic we highlight the top ten. Read on to find out more about these individuals and some of their contemporaries. In recent months we have been looking into the … Continue Reading
Koos JansenFor anyone who is still in doubt if the US have been suppressing the price of gold in the past decades, this article might change your mind. I present a memo written in 1974 by Sidney Weintraub, Deputy Assistant Secretary of State for International Finance and Development, to Paul Volcker, Under Secretary of the Treasury for Monetary Affairs. It was originally published in Document... Continue Reading
Koos JansenAlthough I can’t track all media on Shanghai Gold Exchange coverage – maybe they report more on it than I know – but as far as I know the big guys wrote about SGE physical delivery twice now. Bloomberg, 15 July 2013: The Shanghai Gold Exchange supplied 1,098 metric tons in the six months through June, compared with … Continue Reading
Koos JansenTakeaway.com, a website through which customers can order food from thousands of restaurants, has subsidiaries in 10 different countries. As of yesterday, 5 November 2013, payments at three of these subsidiaries can be made in Bitcoin; in The Netherlands, Germany and Austria. From now on everyday food purchases can be payed in Bitcoin in these countries. The Dutch … Continue Reading
Koos JansenIn September the mainland net imported 109 tons of gold from Hong Kong, down from 110 tons in August, – 1% m/m, year to date net import is 826 tons. Annualized mainland net import through Hong Kong is 1101 tons, a surge of 109 % as total import in 2012 was 525 tons. Note, the mainland … Continue Reading
Koos JansenHow A Quant Found Out The True Workings Of Stock Exchanges In my opinion the best TV program in the Netherlands is Tegenlicht, an excellent documentary series often about the abuses in the world of finance. Yesterday evening, yes I stayed home for this, the episode was about High Frequency Trading (HFT). Star of the … Continue Reading
Koos JansenProfessor Yu Yongding is, in short, an Academician of the Chinese Academy of Social Sciences (CASS), Editor-in-Chief, China and World Economy (1998- ), Member of Advisory Committee of National Planning of the National Development and Reform Committee of the PRC (2004- ), Member of Advisory Committee of Foreign Policy of the Ministry of Foreign Affairs of the PRC (2010- ), and he was,... Continue Reading
Koos JansenPhysical gold withdrawn from the SGE vaults was 33 tons last weeks (21-10-2013/25-10-2013), down 18 % from a week earlier. Premiums also came down, on 21 October the price of gold (Au99.95) on the SGE was 0,8 % over the international price, on 25 October it was 0,09 %. This is remarkable because premiums in … Continue Reading
Buy from BullionStar
Sell to BullionStar
No Spread between the buy and sell price
Trade in and out of physical gold and silver
Minted by renowned refineries
99.99% metal purity
Contact
Help
