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eik

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Alias Born 10/24/2005

eik

Re: Sparks111111 post# 34672

Sunday, 09/21/2014 7:00:28 PM

Sunday, September 21, 2014 7:00:28 PM

Post# of 43482
Interesting article:
https://www.bullionvault.com/gold-news/shanghai-gold-091720144

"China's inability to export gold bullion puts a big block on it affecting world prices. Because while metal is drawn into China when domestic prices rise above London quotes (the so-called "Shanghai gold arbitrage" trade) it cannot flow the other way when Shanghai goes to a discount. Traders can only exploit the price-gap in one direction."
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