Asian Gold Buyers
September 28, 2011 22 Comments
These are four stories I came across today.Asian buyers are bullish on gold.In Bangkok they bought gold even as the prices dipped.I guess only time will tell if they were wise or not.This picture is from Yaowarat in Bangkok.The full story is available here: http://www.bangkokpost.com/business/economics/258447/gold-price-plunges-on-europe-fears
The second story is from India.Here is the story just how much India Post plans on expanding its gold sales this year:http://www.sify.com/finance/gold-rush-set-to-become-a-sprint-in-india-imagegallery-gold-lj0mkzicfca.html
The third and fourth stories are from China.You can read the details of the first one here:http://www.sify.com/finance/Record-prices-spawn-new-wave-of-China-gold-buyers-imagegallery-gold-li4rNncebdi.html
This is a link to the second story out of China http://www.sify.com/finance/China-launches-its-first-gold-vending-machine-imagegallery-gold-lj1sezfejgf.html#galname So China has caught up with other Asian countries like the UAE and Japan and some Western countries.Only time will tell if this is a sign of a coming gold bust.
Germany:http://www.timesonline.co.uk/tol/money/investment/article6521486.ece
US:http://www.sify.com/finance/China-launches-its-first-gold-vending-machine-imagegallery-gold-lj1sezfejgf.html#galname http://www.luxuo.com/super-rich/gold-vending-machine-las-vegas-casino.html
UK:http://www.guardian.co.uk/money/2011/jul/01/au-atm-gold-vending-machine
About Keerthika Singaravel
wealthymatters 
Attn. Sir
Here is our fco for your perusal.
FULL CORPORATE OFFER AU METAL GOLD
We hereby send you full corporate offer (FCO) with legal responsibility, sales and purchase of our product A.U Metal Gold under the following terms and condition herein under.
DISCRIPTION.
Commodity —– Alluvial Gold Dust
Quantity available —– 300kilograms
Quality —– 26 carat plus (96.5%) or better
Price —– $27,000.00usd Per Kg.
Origin —— Kenya East Africa
PROCEDURE:
Buyer or buyer representative is invited and expected to come down to Kenya for the inspection of our Product before final shipment to buyer’s destination, during buyer’s visit signing of sales / purchase contract / agreement will take place after the condition and procedure has been agreed by both parties. Buyer is responsible for the shipment cost from sellers country to final destination, representative from sellers side will accompany the buyer along with the goods to buyer destination refinery to witness process.
PAYMENT TERMS: payment should be either bank to bank transfer or by cash to the seller after final assay in buyer refinery.
DECLARATION: We hereby declare the above information to be true and correct to the best of our knowledge and this offer is being made without prejudice.
We look forward to establishing a long lasting business relationship with you after the condition and procedure has been agreed by both parties. You also welcome for joint venture which we are desperately looking for we need modern mining equipment for our mining site so that we can boost our production and we can only achieve if you partner with us.
Yours Faithfully,
Mr Gabriel Ejechi
Email: +254739501419
Gabriel all Indians know that there is no 26K gold.
Please don’t try to promote your scam on my blog.
Hello,
we are small scale mining company in Ashanti and Western Region of Ghana; we have capacity to produce 25kg of Alluvial Gold Bar every month.
We have approximately 30kgs ready for sale. We do hereby solemnly offer full corporate offer in respect of the 30kgs as follows:
PRODUCT: A.U Metal (Alluvial Gold Bar)
QUALITY: 22+ carat with a minimum purity of 96% or better.
QUANTITY: 30kg available for sale.
PRICE: US$ 35,000.00 per kilo
SHIPMENT: The shipment will be carried out by freight and forwarding agent at Aviance Export Village Kotoka International Airport Accra.
TERMS OF PAYMENT AND PROCEDURE – The Buyer will be required to pay 3% government tax to enhance and enable the seller to process shipment expenses of the gold Bar to the buyers destination, The seller representative will follow the buyer to his destination to witness the refining and the balance of 97% shall be paid to the Seller‘s representative or to the seller’s nominated account in Ghana.
OTHER TERMS AND CONDITION: A contract agreement stipulating terms and conditions of this transaction will be signed between the buyer and the seller, after the conclusion of the first deal (transaction) and all the parties are well satisfied, we would be able to supply 25kgs every month.
We shall consider it a privilege entering in to a long time business relationship with you.
Email me at: robertamoah2011@gmail.com
Regards
Robert Amoah
Potential buyers please be aware that you proceed at your own risk. I have no prior dealings with this outfit and no basis to judge the legitimacy of their offer.
WE ARE A GROUP OF LOCAL MINERS OF GOLD FROM BUNIA ORIENTAL PROVINCE,AND COPPER CATHODE IN LUMUMBASHI.
WE MINE GOLD DUST AND TRANSFORM IT TO NUGGETS.WE MINE ON GRADUAL PROCESS AS GROUP AND COME UP WITH A BIGGER QUANTITY.
WE HAVE THE FOLLOWING GOLD FOR SALE TO ANY INTERESTED BUYER REST OF THE WORLD
1)GOLD NUGGETS
450 KGS
PURITY 96.1
PRICE IS 35000 USDOLLARS
2)COPPER CATHODE
Quantity is 2 TONNES/1.800KGS(5000 USDOLLARS)
Also Note that we Can Work in Burundi,Tanzania and Uganda
We Would Require The Buyer to come down to UGANDA For Inspection Of the Gold And Then Perform an Interim Essay Test at any Approved Government Laboratory preferably (Geological Survey Department) Before Shipment to Buyer Refinery for the Final Assay and Payment.
In Regards to the Gold and Copper,for Now There are No Documentations.
Awaiting your immediately reply.
Thanks.
Jules Nzanga Mobutu
Email:coljulesnzangamobutu@gmail.com
Tel : +243970050947
+256759677514
Caution is adviced for all readers, I know nothing about the advertiser above.
We are large scale miners located at Tarkwa in Western Region Ghana with postal address as follows: Achimota, Accra – Ghana, West Africa. We are incorporated under the Companies Code 1963, Act 179 with RC No: 63,556 (Registrar of Companies, Ghana). We are duly registered with the Minerals Commission as well as the Precious Minerals Marketing Company Limited, Ghana (PMMC). We have export permit issued by PMMC and certificate of non -criminal origin issued by the High Court, Ghana. We sell gold dust mined from our concessions.We offer for sale 800 kilogrammes gold dust characterized as follows: Commodity:Gold Form: Alluvial Dust Quality: 22+ Carat (94%) Price: 28,000.00$US per kilogram Origin: Ghana Deleterious Element: 0% Cyanide A full corporate offer will be sent upon demand. Yours faithfully,my number +233243920875,email,mohammadtofiki2009@live.com,
MOHAMMAD TOFIKI
Readers please note,I know nothing about the above commentator or his business.So please proceed at your own risk.
Attn. Sir
Here is our fco for your perusal.
FULL CORPORATE OFFER AU METAL GOLD
We hereby send you full corporate offer (FCO) with legal responsibility, sales and purchase of our product A.U Metal Gold under the following terms and condition herein under.
DISCRIPTION.
Commodity —– Alluvial Gold Dust
Quantity available —– 300kilograms
Quality —– 22 carat plus (92.7%) or better
Price —– $35,000.00usd Per Kg.
Origin —— Ghana West Africa
PROCEDURE:
Buyer or buyer representative is invited and expected to come down to Ghana for the inspection of our Product before final shipment to buyer’s destination, during buyer’s visit signing of sales / purchase contract / agreement will take place after the condition and procedure has been agreed by both parties. Buyer is responsible for the shipment cost from sellers country to final destination, representative from sellers side will accompany the buyer along with the goods to buyer destination refinery to witness process.
PAYMENT TERMS: payment should be either bank to bank transfer or by cash to the seller after final assay in buyer refinery.
DECLARATION: We hereby declare the above information to be true and correct to the best of our knowledge and this offer is being made without prejudice.
We look forward to establishing a long lasting business relationship with you after the condition and procedure has been agreed by both parties. You also welcome for joint venture which we are desperately looking for we need modern mining equipment for our mining site so that we can boost our production and we can only achieve if you partner with us.
Yours Faithfully,
Mr K.J Hamed
Email: +233236117478
Dear Readers,
I can’t vouch for this business as I know nothing about it,.But it definitely sounds less scamy than a lot of offers out of Africa.Also the person seems to be open to offering potential investors the option to safeguard their investments.So if you wish,proceed with caution.
Interesting post.
Thanks
I found the article informative.Thanks.
Excellent read!
Thanks
Anyone wants to buy an antique pure gold necklace 22 carat, weighs 151.4 grams with stones on it please email me on anisakassam23@yahoo.com
I can send you the picture and more details.
Thank you
Engrossing write up
Hello!I am Mr Mohamed Sesay from the Republic of Sierra Leone.Thank you for this article.I found it very good.
Awesome, thanks for sharing this.
This is a very interesting post.I am a gold miner myself and loved reading about Asian gold buyers.
Best regards,
Nana Agyemang
Dear Sir/Madam,
I am writing to tell you how interesting I find this post.Asian consumers are indeed the bedrock of the gold market.We find that Asian buyers are our best customers.
Yours truly,
Dr Beniah Alfa Elochukwu
C.E.O ( SANKARA GUINEA SARL LTD)
Phone No +224 24 08 27 32
I have been reading your article during my lunch break, and I have to admit the whole article has been very valuable and very well written.