Jamie Carrasco, "Senior Investment Advisor & Senior Portfolio Manager, CANNACORD Genuity Financial" [Verified] on Twitter: "Shanghai closed at new ATH for Gold $ 2 , 2 8 4 and $27.82
for silver as price discovery moves East." 3 hrs ago, Sat, 29 Mar 2024.
https://twitter.com/IJCarrasco/status/1773650201246327289 Mr Carrasco embedded Oriental Ghost's screenshot of the Shanghai market quotes for gold. Everyone is now watching the SGX [Shanghai Gold Exchange].
Comment Now, I know why Chinese majors are buying gold mines etc ---if they sell gold in Shanghai etc, it carries a premium from what one sees on the retail JD.com. All good for SOLGOLD as Cascabel has copper, gold and silver in bucket loads.
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