Considering Chinese Demand

Thu, Jun 13, 2013 - 1:36pm

It's one of those things. You hear about it every day but never stop to really think about it.

This began as an email discussion with my friend, Ned, yesterday. All of us in Turdville are aware that the Shanghai Gold Exchange has physically delivered something like 1200 metric tonnes of gold, year to date. That's a staggering number and it far exceeds the amount delivered through London and dwarfs the level delivered through the Comex. Prior to yesterday, I looked at that number and thought, "Wow. That's a lot.", but I never stopped to ask the follow-up questions:

  1. To whom is this being delivered? AND
  2. Once it's delivered, where does it go next?

Let's start by looking at this handy chart. Note that, at this current pace of delivery, Shanghai is currently delivering each month the entire global mine supply. No wonder they were temporarily "out of stock" back in May! How long can this continue?

OK, now for some additional background. Recall that, since about 2006, the Chinese government has been aggressively promoting gold buying by its citizens. This campaign really began to pick up steam in 2009 following The Great Western Financial Crisis. A quick Google search returns all sorts of articles which describe this policy. Here are just a few examples: gold-analysis?oid=88452&sn=Detail & & &

We also know that officially reported Chinese imports are soaring. In just the first four months of this year, China has imported through Hong Kong nearly 500 metric tonnes of gold. This adds to the 834 metric tonnes that they imported in calendar year 2012.

(Charts courtesy of ZH)

So where is all this gold going? I first wrote about it nearly a year ago. Much of it is being recast into kilo bars that, I believe, will ultimately be used to provide a hard asset backing to a future Yuan.

But that still doesn't explain the almost-daily, 15-25 metric tonnes of physical delivery in Shanghai. This is why Ned and I were so perplexed.

So, next, I did what any sensible person would do, I rang up Andrew Maguire. His decades of experience in working the international wholesale market makes him the best source I have for answers to these questions. The conversation went something like this:

Me: "Andy, where the heck is all this gold going?"

Andy: "It's not going anywhere."

Me: "What do you mean?"

Andy: "I mean exactly that. Shanghai settles all that bullion each day to domestic wholesalers. That metal is then shipped off to Chinese dealers and refiners for domestic consumption."

Me: "So wait a minute. You're telling me that public demand in China is currently soaking up 250 metric tonnes per month or nearly ALL of the publicly-reported global mine supply?"

Andy: "Exactly."

And then I started thinking...Well how hard would that be to do? 250 metric tonnes is about 8,000,000 troy ounces. The current population of China is 1.344 billion. If only 25% of the population is taking their government up on the idea of gold ownership, that's 336,000,000 people or, roughly, an amount equivalent to the entire population of the United States!

So now let's say that these 336,000,000 people buy, on average, 1/40th of an ounce every month. That works out to be about 3/4 of a gram or about $35 worth at $1400/ounce. Working the math backward we get: 336,000,000 people buying .75 grams = 252,000,000 grams and 252,000,000 grams = 252 metric tonnes.

Hmmm. Well how about that? Makes you look at stories like this in a different light, doesn't it?

A crowd of customers waits in front of a gold store to shop during a promotion, in Jinan city, East China’s Shandong province on June 11, 2013.

People crowding around a gold products counter jockey for position to pick up something in a gold store which sold its products at a price of 299 yuan per gram in a promotion – about 50 to 70 yuan lower than the normal level, in Jinan city, East China's Shandong province on June 11, 2013. The promotion attracted nearly 10,000 people who rushed to the store despite restricting each customer's shopping time to 15 minutes. While gold markets in the US and Europe saw panic selling, China has just seen a surge in gold sales in the past few months. Chinese households came under the spotlight with their generous purchase of the gold products amid a global fall of the gold price.

OK, then. So, do you still think that the Spec Shorts are on the right side of the trade, that price is going lower and that the "bull market" in gold is over???

Hmmmm. Chew in that over the weekend and then come back for more on Monday. It's going to be another interesting week.


About the Author

turd [at] tfmetalsreport [dot] com ()


Spartacus Rex
Jun 14, 2013 - 1:07am

@ Hammer / How do you spell "widespread" ?

Well, since you asked Hammer: L-A-T-O-S

Jun 14, 2013 - 1:24am

lol. In that case what is

lol. In that case what is "latus rectum" ? (might or might not be what you think )

Then again, maybe it is !

Just A Regular Guy
Jun 14, 2013 - 1:24am

I can't sleep........ /sigh

So I found some cool stuff to check-out:

Greenspan and Ron Paul (interesting clip):

I cannot recommend both these clips strongly enough from McAlvany Weekly Commentary!

Charles Vollum: Everything Price in Gold | McAlvany Commentary
Chinese Prepare for Public Flood into Gold | McAlvany Commentary

Ok... I'll re-read this thread later on. P.S. Smash-down tonight? PLEASE!!! I really wanna see some pain and see the f**kers sell me some cheap bullion and stocks!

Take care guys and gals


Jun 14, 2013 - 1:25am

So can we now call a Turd's

So can we now call a Turd's Bottom a Turd's Latus Rectum ? loool

about mathwords
bsimmons[at]mathwords[dot]com (subject: mathwords%20feedback) (website feedback)

Latus Rectum

The line segment through a focus of a conic section, perpendicular to the major axis, which has both endpoints on the curve.

Note: The length of a parabola's latus rectum is 4p, where p is the distance from the focus to the vertex.

Jun 14, 2013 - 1:28am

The words, "widespread latus

The words, "widespread latus rectum" were never ones I thought I'd ever hear in my lifetime together in one sentence but hey ho, there's always a first :)

Spartacus Rex
Jun 14, 2013 - 1:38am

@ Hammer LOL

Recta dicis! As I was thinking 'right side'? Abeo vetulae forsitan.

Jun 14, 2013 - 1:40am

Great stuff Turd

and h/t Spartacus Rex for initially linking the China photos.

I find the point about the big 'discount' to be very interesting - effectively what we are saying here is that:

a. 10,000 Chinese swarmed a metals shop just because they started to sell at an 8% premium to spot...

b. by inference other Chinese bullion dealers must have been selling metal (I imagine for some time?) at over a 20% premium day in day out, which re-emphasises the 2-tier market issue

Either way, LBMA clearly have 'big problem in big China' and that kind of hysteria doesn't look like a transient thing to me, Beatlemania meet Bullionmania

Jun 14, 2013 - 1:49am

Wonder if China doesn't have

Wonder if China doesn't have filters on their internet though. Makes you wonder.

[LEAKED TEASER] I am Bradley Manning
Jun 14, 2013 - 2:02am

Worth the watch. Daily nuts

Worth the watch. Daily nuts and bolts and fundamentals........

June 11, 2013 HFT_Bonds and Notes commentary with @GCavaligos
Jun 14, 2013 - 2:04am

More on GMO

Thursday, June 13, 2013

Study: Glyphosate (Roundup) Feeds Breast Cancer Cell Growth In the PARTS PER TRILLION Range

Sayer Ji

Activist Post
An alarming new study finds that glyphosate, the active ingredient in Roundup weedkiller, is estrogenic and drives breast cancer cell proliferation in the parts-per-trillion range. Does this help explain the massive mammary tumors that the only long term animal feeding study on Roundup and GM corn ever performed recently found?

An alarming new study, accepted for publication in the journal Food and Chemical Toxicology last month, indicates that glyphosate, the world's most widely used herbicide due to its widespread use in genetically engineered agriculture, is capable of driving estrogen receptor mediated breast cancer cell proliferation within the infinitesimal parts per trillion concentration range.[i]

The study, titled, "Glyphosate induces human breast cancer cells growth via estrogen receptors," compared the effect of glyphosate on hormone-dependent and hormone-independent breast cancer cell lines, finding that glyphosate stimulates hormone-dependent cancer cell lines in what the study authors describe as "low and environmentally relevant concentrations."

The results were broken down by the researchers as follows:
  • Glyphosate induces T47D, hormone dependent breast cancer cell growth.
  • The proliferative effect of glyphosate is mediated via estrogen receptors.
  • Glyphosate induces ERE [Estrogen Response Element]-transcription activity via estrogen receptors.
  • Glyphosate modulates the expression of E[strogen] R[eceptor] α and E[estrogen] R[eceptor]β in human breast cancer cells.

These effects indicate that glyphosate is a 'xenoestrogen,' capable of inducing Estrogen Response Elements (EREs) in a manner, slightly weaker but functionally similar to the most potent human estrogen Estradiol (E2).

More concerning is the discovery that infinitesimal glyphosate concentrations in the parts-per-trillion rage (10 to the minus 12) had proliferative (carcinogenic) effects on the studied T47D breast cancer cells line:
In this study, we found that glyphosate at a log interval concentration ranging from 10-12 to 10-6 M increased the cell proliferation of a hormorne dependent breast cancer T47D cell...
The researchers also discovered that the naturally occurring phytoestrogen in soybean known as genistein, produced "an additive estrogenic effect" when combined with glyphosate, raising the serious question as to whether GMO soybeans are contributing to the epidemic levels of breast cancer within countries like the US where they are consumed in relatively high quantities.

It should be noted that the concentrations used to determine the interactive effects of glyphosate and phytoestrogen genistein in this study were modeled "as in a real world situation" by using information obtained from studies that assayed the respective levels of genistein and glyphosate in GM soybeans, as well as human plasma and urine concentrations following their consumption and/or exposure. For instance, glyphosate concentrations have been detected within human urine within the 0.1 - 233 parts per billion range on the lowest end, and an estimated systemic dose of 0.004 mg/kg on the high end.

The authors stated:
This finding should raise concern about the existence of more than one xenoestrogen such as phytoestrogen and contaminants in plant derived food which may be beneficial or harmful depending on the hormonal and pathological status of consumers. This study implied that the additive effect of glyphosate and genistein in postmenopausal woman may induce cancer cell growth.
In this present in vitro study, we showed an estrogenicity of pure glyphosate. In summary, we found that glyphosate exhibited a weaker estrogenic activity than estradiol. Furthermore, this study demonstrated the additive estrogenic effects of glyphosate and genistein which implied that the use of glyphosate-contaminated soybean products as dietary supplements may pose a risk of breast cancer because of their potential additive estrogenicity." [emphasis added] This finding is relevant to virtually anyone who consumes genetically modified food today. GM crops, which are designed to survive glyphosate poisoning by being genetically engineered with 'glyphosate-resistance" (i.e. RoundUp Ready), are universally contaminated with glyphosate and its toxic metabolite AMPA. Furthermore, glyphosate pollution and exposure is now omnipresent, with one 2011 study finding glyphosate in 60-100% of all US air and rain samples tested, and another 2012 study finding that glyphosate widely contaminates groundwater, which is the water located beneath the ground surface, that supplies aquifers, wells and springs. It is therefore virtually impossible to hermetically seal yourself off from the growing global environmental threat by only consuming "certified organic" food. The time has come to face the fact that unless there is a systemic change in the way our GM, petrochemically-driven monocultured food production system operates, we will all experience a great deal of harm.

GM Food/Roundup Breast Cancer Link Already Firmly Established

This latest study is not the only compelling evidence that there is a Roundup-Breast Cancer link. In a previous article titled, "Will the GMO-Breast Cancer Link Be Pinkwashed Away?", we addressed the disturbing implications of the first long-term GM and Roundup animal feeding study produced by Gilles-Éric Séralini's research team last November, and which found that after 90 days (the temporal threshold beneath which all previous biotech industry funded GM food safety studies end) the animals began to show disturbing signs of systemic organ damage, failure and cancer. More pointedly, Séralini's team observed that the animals developed massive, estrogen-dependent mammary tumors:
Suffering inducing euthanasia and deaths corresponded mostly in females to the development of large mammary tumors.
These appeared to be clearly related to the various treatments when compared to the control groups. These tumors are generally known to be mostly estrogen-dependent (Harvell et al., 2000). We observed a strikingly marked induction of mammary tumors by R[roundup] alone, a major formulated pesticide, even at the very lowest dose administered. R[oundup] has been shown to disrupt aromatase which synthesizes estrogens (Richard et al., 2005)... [pg. 9] Could the results of this latest study help explain the molecular mechanism behind this finding?
[i] Siriporn Thongprakaisang, Apinya Thiantanawat, Nuchanart Rangkadilok, Tawit Suriyo, Jutamaad Satayavivad. Glyphosate induces human breast cancer cells growth via estrogen receptors.

Food Chem Toxicol. 2013 Jun 8. Epub 2013 Jun 8. PMID: 23756170

This article first appeared at GreenMedInfo. Please visit to access their vast database of articles and the latest information in natural health.

Jun 14, 2013 - 2:14am

Scores of People Massacred in

Scores of People Massacred in Hatla Village by Western Funded Death Squads

Brandon Turbeville Activist Post

Only days after the brutal public execution of a 15-year-old boy by Syrian death squads, the association of killers known as “rebels” have committed yet another atrocity, this time in the village of Hatla in Deir Ezzor Governorate.

According to reports by The News broadcast on the Syrian Official TV Channel on June 13, 2013, Jabhat al-Nusra, one of many groups of the foreign-backed death squads that have terrorized Syria for the last two years, have now gunned down 30 villagers. The motivation behind the killings, as is typical of the death squads, is currently unclear.
However, it is known (according to The News) that the terrorists first attempted forced relocation by demanding that the residents leave the village. Those villagers that remained were killed and their houses were burned. Read more »
Jun 14, 2013 - 2:15am

Only 10% of Americans Have

Only 10% of Americans Have Confidence in Congress

Activist Post
As scandal after scandal rocks Washington DC, the American people are fed up. A new Gallup poll reveals the lowest ever confidence rating for Congress
, or any institution ever polled by Gallup.

"This is the lowest level of confidence Gallup has found, not only for Congress, but for any institution on record." Gallup writes.

Confidence in Congress fell to just 10%, down from 13% in 2012.

In 2009, in the afterglow of President Obama's historic election, 27% of Democrats had confidence in Congress while only 10% of Republicans did.

There is no longer a significant partisan divide among those polled. In other words, people of all political persuasions now roundly agree, Congress stinks.
Read more »
Jun 14, 2013 - 2:16am
Jun 14, 2013 - 2:16am

7 Powerful Ways to Maintain

7 Powerful Ways to Maintain Your Privacy and Integrity Online

Eliot Estep Activist Post

The recent NSA leaks from whistleblower Ed Snowden have publicly confirmed that digital privacy does not exist. The federal government and intelligence agencies have direct server access to the world’s most popular sites and services including Facebook, Google, Microsoft, Apple, and more. This means that all of your data when using these services including Skype, YouTube, etc has been compromised and can be used against you whenever strategically necessary.

Always remember, you are being recorded and monitored regardless of whether you have done anything wrong or not. This includes your emails, Internet activity, searches, banking activity, passwords, etc. Basically everything to build a complete profile about who you are, how you think, how you live, etc. This is very powerful data gathering and the goal of the intelligence agencies is nothing less than Total Information Awareness to be used to control and manage populations.

For these reasons, I have compiled some helpful tips to help you maintain your privacy and integrity when using the Internet. These are by no means comprehensive, but they can be quite useful and give you some semblance of peace when browsing.
Read more »
Jun 14, 2013 - 2:17am

Censorship Abounds: The

Censorship Abounds: The Handful of Companies That Control Your Perceptions

Christina Sarich Activist Post
Almost all the media channels you watch are controlling your perception of reality – namely to get you to value their commodities (goods and services) instead of yourself and your own morals and values. This affects you at every level, from the food you eat, the friends you are more likely to make, the goods your purchase, and even the careers you choose or education you decide to get. It also affects your self worth, as you believe you are only as good as the things you can buy or the ‘hot’ woman you can take out, since sex and money are the primary ways media motivates you.

The world has become censored in ways you wouldn’t even imagine in both covert and overt ways. Let’s look at the six major corporations who control every single media station that you probably peruse on a daily basis:

– formerly owned by GE, controls MSNBC, NBC and Telemundo Disney – controls ESPN, the History Channel, A & E and Lifetime Viacom – the parent company of Paramount, BET and MTV CBS – and its dozens of affiliates Newscorp – controls Fox News, New York Post, Wall Street Journal Time Warner – controls CNN, Time, People Magazine and Warner Brothers

Recent egregious, top-down censorship incidents include the following:
Read more »
Jun 14, 2013 - 2:30am

mathematic (n.)  late 14c. as

mathematic (n.)
late 14c. as singular noun, replaced by early 17c. by mathematics, from Latin mathematica (plural), from Greek mathematike tekhne "mathematical science," feminine singular of mathematikos (adj.) "relating to mathematics, scientific, astronomical; disposed to learn," from mathema (genitive mathematos) "science, knowledge, mathematical knowledge; a lesson," literally "that which is learnt;" related to manthanein "to learn," from PIE root *mendh- "to learn" (cf. Greek menthere "to care," Lithuanian mandras "wide-awake," Old Church Slavonic madru "wise, sage," Gothic mundonsis "to look at," German munter"awake, lively"). As an adjective, 1540s, from French mathématique or directly from Latin mathematicus.
I genuinely urge you to spend the hour to watch this. This HUGELY important and includes China.........cannot recommend this enough........

Jun 14, 2013 - 2:39am

Happy Birthday, Turdville

As of the writing of the title of the post, no one else had mentioned it, so I thought I'd take a minute to do so. It's now 1:03 AM on the East Coast, so I am not TOO early...

Welcome! Tuesday, June 14, 2011 at 4:13 pm

I'm glad you've found us. Once again, if you haven't yet watched the introductory video, I encourage you to take the time to do it now:

New Site For TF Metals Report

We've gone to great lengths to get things perfect but, if you notice some typos or if you have suggestions to make the site even better, please contact us through the link in the navigation bar.

Hopefully, the site will run smoothly and the transition from blogspot will be seamless. However, spam and DOS attacks are rather commonplace these days so please try to remain patient if the site encounters any technical difficulties. For example, we've already had someone run an automated program that generated over 250,000 attempts to log/hack into the site while it was under construction. Thankfully, this person wasn't successful but who knows what we'll encounter now that it's live.

Once again, thank you for making this all possible. Let's continue to make this "community" someplace special and unique. Help each other. Treat others the way you wish to be treated. Learn and share.

Now, go explore and have some fun! TF


And Rowley, I hope you are still out there somewhere -- a lot of people are VERY jealous, to this day:

1st ever!

Submitted by Rowley on June 14, 2011 - 4:31pm. Hat Tip! 44

1st ever!


For some SERIOUS nostalgia, you can check out the TRUE first-ever (independent) Turd-post here.

I could talk for quite a while about how meaningful, valuable, sanity-preserving (and of course at times insanity-inducing) this place has been for me over the last 2+ years. But really all I wanted to say is


and thank you, fellow Turdites. Bar none, this is the Turdiest place on the planet, and I am proud and grateful to be counted among the ranks. I would like to think this will ever remain so... even in Harlow, ND...

So without further ado, some completely off-topic, frivolous and bandwidth-wasting hommages to our long-suffering but ever-gracious host (as well as some ideas of what to send him, should anyone be so inclined).

From Spain -- admittedly, the shape is not quite to spec, but the size (approx. 15ft x 21 ft) is impressive:

Not quite so large, but probably more fitting:

I would urge all members, new and old alike, to spend a few minutes (11:46, to be exact) to remember the beginnings of our virtual home here in these ever-more shark/squid/Vampyroteuthis-infested interwebs by clicking on the video above. Take heed especially of segment starting at 5:55 or so, regarding our host's requests/rules as to the rules of the house.

Prepare accordingly, everyone --- keep stacking. The End of the Great Keynesian Experiment (TEOTGKE) draws another day closer.

U2's Bono and The Edge sing Happy Birthday [HD - High Quality]

(yes, I am fully aware of how extremely cheesy this is. But it REALLY reminds of how I imagine Turd would sing... And you have to admit, there is even a more-than-passing physical resemblance)

Spartacus Rex
Jun 14, 2013 - 2:48am

Now How about a nice Birthday Gift for TFMR!

FEED the Turd! It pays the Bills!

Jun 14, 2013 - 2:51am


I wish I knew what that meant.

We're told that we are free.

Excuse me for not believing it.

Spartacus Rex
Jun 14, 2013 - 2:51am

@ Lumpy / Freedom

Well, if you are one of those rare individuals who managed to stay out of debt, Free from those bloodsucking parasites!

Jun 14, 2013 - 3:02am

@Spartacus Rex

Sorry to say I am one of those working stiffs that needed to borrow a few bucks to live the American Dream. I should have built a cabin in the woods and lived off the land.

Spartacus Rex
Jun 14, 2013 - 3:05am

From Jesse's: Russia's Putin Calls For IMF Overhaul

The BRICs can call for whatever they wish, but until they find some way to apply more effective pressure on the Anglo-American banking cartel and their politicians, they are not going to get much of anything. Their own people cannot get much of anything in the way of reform in the status quo. RiaNovosti Russia’s Putin Calls for IMF Overhaul, Bigger Role for BRICS MOSCOW, June 14 (RIA Novosti) – Russia will use its presidency of the G20 to push for a radical overhaul of the International Monetary Fund and changes to its voting system to give developing economies a stronger voice, President Vladimir Putin said Thursday in an interview with RIA Novosti. “The IMF frequently fails to keep up with the rapidly changing situation in global finance – first and foremost, in making effective and timely decisions,” Putin said in answers to written questions, adding that the decisions’ “implementation leaves much to be desired as well.” Russia currently holds the rotating presidency of the G20, a formal grouping of the world’s 20 most powerful economies, and will lead the G8, a group of the world’s eight richest countries, in 2014. Putin did not call for the outright dissolution of the IMF, but argued that the organization must adjust to “current economic realities” and said it was time to consider the issue of its “overall reorganization.” In particular, he said that the voting system used at the IMF to determine policy should be changed to “enhance the role of developing countries,” with new weight given to the so-called BRICS group of Brazil, Russia, India, China and South Africa... Read the rest here. POSTED BY JESSE

Spartacus Rex
Jun 14, 2013 - 3:08am
Jun 14, 2013 - 3:09am

Happy Birthday TF Metals

Happy Birthday TF Metals

Stevie Wonder - Happy Birthday
Jun 14, 2013 - 3:23am

I'm proud.

My son finished his first year of college. Told me it was going to be his last year of college. Got a job and is making some money. Asked me today if he should buy 90% silver or 1 ounce rounds with his money. At least he gets it. I'm pretty sure he wouldn't have learned it in college.

Jun 14, 2013 - 3:26am

How Have Multiple Reserve

How Have Multiple Reserve Currencies Functioned in the Past? Why were the Rules-Based Adjustment Indicator and the Substitution Account abandoned in the past? Catherine R. Schenk University of Glasgow Catherine[dot]schenk[at]glasgow[dot]ac[dot]uk Prepared for ‘The International Monetary System: old and new debates’, sponsored by the Reinventing Bretton Woods Committee Paris, December 2010

Jun 14, 2013 - 3:46am

Happy Birthday Turdville

Going to sit in the corner & eat some cake now


Spartacus Rex
Jun 14, 2013 - 4:02am

@ Lumpy I guess girls learn faster than the boys.

Thanks for sharing. Quid pro quo, youngest granddaughter (turning 4 in a couple of weeks)I gave her a quarter for telling a funny joke. She flips it sideways and sees that it was a Clad quarter and says "HEY! Leviticus 19:36!" Moral: He who gives while he lives, also knows where it goes! Ergo, Teach them Well when they are Young! (while their future is still in our hands)

Jun 14, 2013 - 4:35am


Turd, Good investigative work... You might also want to consider the rest of SE Asia which is also infatuated with PM's. Gold shops in Bangkok are still very busy, and Singapore is still running very low on stock. I just cleaned my bullion dealer out of eagles and maples again... its a very tight supply. The Singapore government is also encouraging people to invest in PM's and has removed all taxes on investment grade bullion. I think the governments in the East know whats coming... the governments in the West deserve whats coming to them... Keep Stacking... : )

Jun 14, 2013 - 5:11am

The soundtrack for what is coming

Tangerine Dream Live - Force Majeure / Going West (Part 4/14)

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Key Economic Events Week of 6/24

6/25 10:00 ET New Home Sales
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Key Economic Events Week of 6/17

6/18 8:30 ET Housing Starts and Building Permits
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Key Economic Events Week of 6/10

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Key Economic Events Week of 6/3

6/4 All day Fed conference in Chicago
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Key Economic Events Week of 5/28

5/28 10:00 ET Consumer Confidence
5/30 8:30 ET Q1 GDP 2nd guess
5/31 8:30 ET Personal Income and Consumer Spending
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Key Economic Events Week of 5/20

5/20 7:00 pm ET CGP speech
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5/22 2:00 ET FOMC minutes
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Key Economic Events Week of 5/13

TWELVE Goon speeches through the week
5/14 8:30 ET Import Price Index
5/15 8:30 ET Retail Sales and Empire State Manu. Idx.
5/15 9:15 ET Cap. Ute. and Ind. Prod.
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Key Economic Events Week of 5/6

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Key Economic Events Week of 4/29

4/29 8:30 ET Pers Inc, Cons Spend, Core Infl
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5/1 2:00 ET FOMC Fedlines
5/1 2:30 ET CGP presser
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Key Economic Events Week of 4/22

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