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

"Seneca had made the bargain that many good men have made when agreeing to aid bad regimes. Their presence strengthens the regime and helps it endure. But their moral influence may also improve the regime's behavior or save the lives of its enemies. For many, this has been a bargain worth making, even if it has cost them their immortal soul. The Rome he has been trained to serve, of Augustus and Germanicus, was gone. In its place stood Neropolis, ruled by a megalomaniac brat.” James Romm

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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