Tuesday, 23 August 2011

PAGE opened end June

Pan-Asian Gold Exchange, the new physical-only metal exchange (Kunming, Yunnan province, China) opened at the end of June.

The price of gold appears to have experienced a step-change in trajectory on the chart from the start of July.



In other news, Chavez decided to move Venezuela's gold from the US/UK/Europe, into more friendly locations (China/Russia -- or, "Asia" if you prefer..?). I wonder how many others are doing this too, less publicly?

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