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gungadin

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19/04/16

20:41

Post #: 17547741
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Originally posted by 23skidoo ↑

Only 2 non-Chinese banks have signed on thus far. This amounts to a Western hissy-fit of gigantic proportions, showing there is a real war on over control of gold. But China is the main buyer, so I think Western banks will lose out and some will come cap-in-hand to Shanghai eventually, despite Washington pressure.
23.

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23,
China is and has been for sometime the main gold producer in the world. Don't overlook this minor detail.
cheers
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0 Great analysis

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