2014 Chinese Physical Gold Withdrawal Explodes 76.7% v 2013
JANUARY 23, 2014
On August 1, 2013 we posted a chart showing how the Shanghai Gold Exchange (SGE) is delivering 9x more physical gold than the US COMEX, and considering the ability to deliver is, at present, only around 11.5mt, the price setting in foreign currency moves to Shanghai as currency convertability and foreign banks occupy the first of planned expansion in both 'trade zones' and national currency transaction limits..
goldsilver.com/article/...old-withdrawal-explodes-76-7-v-2013/