Chinese gold demand rising

Chinese gold imports are rising. 

China Buying Silver Dip

China March 2026 silver imports at record high.

 

China Silver Import Losses Vs. Silver Price

When China has silver import losses, silver will drop as they import less. 

India cuts gold import tax

India cuts gold import tax. A pretty big move. 

Peter Schiff Describes The Gap in Import Export Prices

Lately, the import prices have surged, while export prices still sit at the same level. Peter Schiff explains that import prices are up because U.S.A. is printing so much money. All of that money is trying to buy stuff overseas, but since there is no stuff to buy anymore, prices will need to go up. This is not a problem of "shortage", it is a problem of an abundance of dollars.

There are no inventories left, while everyone is buying stuff.

China import-export is booming

China import and export boomed year over year in January-February 2021. This bodes well for Q1 GDP.

India cuts gold import tax from 12.5% to 7.5%

India cut gold import tax from 12.5% to 7.5% in February. This will greatly increase gold demand from India.

 

Import Air Freight Prices Are Soaring

Import air freight prices have doubled over 2 months.

Import air freight prices only doubled for products coming from Asia. The reason for this is because of a scarcity of flights from Asia to the world, pushing up air freight prices.

What this means is that producers outside of Asia will need to pay a lot more for their imports to produce things. This will increase their cost of production. As a result, the Producer Price Index will go higher and the producers will need to push these costs to the consumer, which will increase the Consumer Price Index for many consumer goods.

This will also have a large effect on the trade deficit as imports rise while exports decline. I expect trade deficits to balloon in May 2020.

Air Freight Vs. Trade Balance

I have noticed that Import-Export Air Freight numbers are correlated to the Trade Balance. We see a surge in import air freight numbers in April 2020 which could translate in a higher trade deficit.

China is starting back up

It seems that China's export and import data is improving.