Monday, May 16, 2016 2:04:11 PM
Deal will boost access to London gold market -
UPDATED 1:42 PM EDT May 16, 2016
LONDON (CNNMoney) —China is buying one of London's biggest gold vaults
Bottom lines -
London is the world's largest wholesale over-the-counter gold market by
trading volume, with estimated $5 trillion worth of gold trades
cleared there every year. The precious metal has been
traded in London for over 300 years.
But China dominates in terms of actual physical gold trading.
Gold imports to China have surged over 700% since 2010, and
the country overtook India to become
the world's biggest gold consumer in 2013.
http://www.wtae.com/money/china-to-buy-90-billion-gold-vault-in-london/39570172
Why Donald Trump’s Popularity Might Be Boosting Gold Prices -
https://www.youtube.com/watch?v=RM0ujGNUESQ
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121582144
http://finance.yahoo.com/news/gold-entered-bull-market-jpmorgan-110000424.html -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121526913
https://www.youtube.com/watch?v=N9pK9wBxgag&feature=youtu.be
- God Bless -
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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=122585630
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