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Alex Stanczyk: Physical Supply Never Been Tighter

by Koos Jansen, In Gold We Trust:

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 to cast bars for China, sometimes having difficulties sourcing the gold..

What was the purpose of your trip to Switzerland?

The purpose was two fold. We go to Switzerland once a year as part of our governance, we’re required to have an annual inspection of the gold, that was the main purpose of the trip. But in addition to that we also liked to talk to the refineries. It was myself, it was the managing director of Anglo Far-East mister Philip Judge, and Jim Rickards went with us, he sits on our advisory board.

Read More @ InGoldWeTrust.com

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1 comment to Alex Stanczyk: Physical Supply Never Been Tighter

  • Mark James

    This is the most significant report I have read since I started my education into precious metals at the beginning of 2012.

    I hope this gets reported on all the major PM sites.

    Seriously – is there anything bigger than this going on right now?

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