Jesse's Café Américain: Shanghai Gold Exchange Deliveries Have Their Biggest Day of the Year

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor; he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.” Marcus Tullius Cicero

16 December 2016

Shanghai Gold Exchange Deliveries Have Their Biggest Day of the Year

Shanghai Gold Exchange deliveries totaled 39.6 tonnes.

This is by far the largest amount of gold bullion transactions on the exchange this year.

Does price really matter? Perhaps to some.

Related: The Gold Market Manipulation Case and Timeline

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16 December 2016

Shanghai Gold Exchange Deliveries Have Their Biggest Day of the Year

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