Three banks drove buying in August and there were no notable sellers...
Poster Comment:
Gold in Shanghai is $46 an ounce higher than London. At that rate, London paper will be depleted of physical gold and the LBMA will cease to exist.
| Source: | https://www.zerohedge.com/commodities/central-banks-add-gold-fifth-straight-month |
| Published: | Oct 4, 2022 |
| Author: | Tyler Durden |
| Post Date: | 2022-10-04 06:54:48 by Horse |
| Views: | 52 |
Three banks drove buying in August and there were no notable sellers...
Poster Comment:
Gold in Shanghai is $46 an ounce higher than London. At that rate, London paper will be depleted of physical gold and the LBMA will cease to exist.