When you think about it, who will want to buy paper gold on the LBMA or COMEX when on the Pan Asia Gold Exchange (PAGE) the "gold buyer will be able to receive a 90-day International Spot Contract and actual title to the gold he/she purchases." "
How is the gold on this exchange different to LBMA? Your statement is misleading. Why would gold in a new Exchange in China be any more desirable than LBMA? Please explain.