View full page at forexfactory.com

 

Has The PBOC Taken Control of The Gold "Market"?

From sprottmoney.com

The evidence is mounting, and we invite you to consider the implications. First, a few items of background information. Perhaps these are unrelated, perhaps they are not. • In 2013, a major Chinese conglomerate called Fosun International purchased One Chase Manhattan Plaza from JP Morgan: Why would this be significant? Because it's the same property that houses a massive underground gold vault ... that just happens to be directly across the street from the New York Fed: • Next, ICBC (Industrial and Commercial Bank of China) purchased the lease of DeutscheBank's massive London vaults in early 2016. ICBC then ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis