Jason Burack: Big Demand Spikes In Gold From India (Most Imports Since 2013) Preceded Gold’s Bottom & Rally

Wall St. For Main St., Released on 5/20/21

The last few weeks we have seen more data confirming big increases in demand for physical metal in the form of gold imports into India, exported from Swiss gold refineries.

The amount in March exported by Swiss gold refiners to India was the most in 10 months and the most since 2013 https://www.zawya.com/mena/en/markets…

Article from Hindu Business Line talking about how India’s central bank, the Reserve Bank of India (RBI), has bought 137 tons of physical gold from December 2017 to March 2021: https://www.thehindubusinessline.com/…

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Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.

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