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Gold Withdrawals From the Shanghai Exchange 63.2 Tonnes In the Latest Week

Friday, September 25, 2015 18:59
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(Before It's News)

from Jesse’s Café Américain

B4INREMOTE-aHR0cDovLzIuYnAuYmxvZ3Nwb3QuY29tL19IMkRlUEFaZTJnQS9UT2JGLW55ZnY4SS9BQUFBQUFBQVBJay93dEVFeGkwbkJFOC9TMTYwMC1SL2NhZmUuanBnThere were 63.2 tonnes of gold bullion withdrawn from the Shanghai Exchange this week.

As can be seen in the second chart, the gold withdrawals are occurring at a record pace.

This significant demand for physical gold is increasing, with what appear to be artificially low prices, that are doing what prices that are below a fair and efficient market-clearing price are theoretically expected to do,

The market cannot treat gold like one of the paper currencies indefinitely.

Continue Reading at JessesCrossroadsCafe.Blogspot.ca…



Source: http://financialsurvivalnetwork.com/2015/09/gold-withdrawals-from-the-shanghai-exchange-63-2-tonnes-in-the-latest-week/?utm_source=rss&utm_medium=rss&utm_campaign=gold-withdrawals-from-the-shanghai-exchange-63-2-tonnes-in-the-latest-week

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