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Let’s hope so

Posted by Buygold @ 12:22 on September 23, 2014  

China Moves To Dominate Gold Market With Physical Exchange

Tyler Durden's picture

Submitted by Tyler Durden on 09/23/2014 11:53 -0400

 

One encouraging factor about the SGE and the SGE international platform is that there is a lot of physical gold flowing through the Exchange. Therefore, price discovery is not just based on an inverted pyramid of mostly unallocated gold as in London or mostly cash-traded futures paper gold as in New York. 

http://www.zerohedge.com/news/2014-09-23/china-moves-dominate-gold-market-physical-exchange

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.