Replies to post #36860 on Banro Corp. fka BAA

[jt6455]

Two Week Shanghai Gold Exchange Withdrawals Exceed All 2014 Comex Deliveries
"The Shanghai Gold Exchange is the only major official physical gold trading market in the world. All trades on the exchange are settled with the exchange of ownership on physical gold bullion. Paper future contracts do not trade on the SGE. In contrast, trading occurs on the LBMA and Comex in paper gold. The Comex is de facto a 99.999% paper gold exchange for which the percentage metal backing the paper traded is minuscule. The LBMA has been rapidly “catching up” to the Comex in this regard, although on a percentage basis the LBMA experiences a higher amount physical gold exchanged than the Comex."
http://investmentresearchdynamics.com/two-week-shanghai-gold-exchange-withdrawals-exceed-all-2014-comex-deliveries/

Some things are bigger than the USD. Westerners chase the illusion of wealth via paper fiat while the Asians build a global trade hub/financial utopia with the 5000 year old money. Its a game of the highest stakes and the one thing I am sure of is things are not what they seem.

[keyotee]

It won't ,gold will make a slight rebound below 1050 before dropping to approx 985 . Baa should retrace .15 or lower for sure at that juncture. Bank on it, by trading well!