Koos Jansen has excellent contacts in Asia and covers the movements of gold through the Shanghai Gold Exchange (SGE). Today he releases this policy statement straight from high official sources within China on how they intend to develope the gold market going forward.
There is a lot of speculation around the world that the center of world trading in gold may move east with China becoming a key player. So this article clearly shows they are expecting the gold market to play a big role in the future and they are working to get ready for it.
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