There were 63.2 tonnes of gold bullion withdrawn from the Shanghai Exchange this week.
As can be seen in the second chart, the gold withdrawals are occurring at a record pace.
This significant demand for physical gold is increasing, with what appear to be artificially low prices, that are doing what prices that are below a fair and efficient market-clearing price are theoretically expected to do,
The market cannot treat gold like one of the paper currencies indefinitely.
They may try to expand their leverage [gold hypothecation, leasing, futures, forwards, derivatives] freely, given the craven silence of the regulators and professional courtesy amongst the looting class.
But they cannot create more physical bullion, and therein lies their limits.
Gold is moving from West to East.