David Yanofsky – BRICS – Michael Tellinger : 1 Billion Of Gold Has Been Shipped From New York To South-Africa This Year – 14 May 2013

When South Africa makes so much gold of its own, why does it need to import it? Getty Images/Tom Stoddart

Examining US trade data, we were surprised to see that South Africa’s $402 million trade surplus with the United States in January had turned into a $689 million deficit by March. Why?