Shanghai Gold Exchange Bleeding Dry COMEX & LBMA | Andy Schectman on Liberty and Finance
5 months ago
839
Power Shift West to East
Andy Schectman
Shanghai Gold Exchange
Comex
LBMA
Bleeding Dry
Liberty and Finance
Another bank has failed: Republic First Bank. Many experts are concerned of more failures to come. Dedollarization continues as the East sees the risk of holding the Dollar. The East has started to repatriate gold from the United States. In addition, the Shanghai exchange as been pricing precious metals at a premium to the COMEX and LBMA. This has also led to metals moving East at a rapid pace. Andy Schectman of Miles Franklin joins us to discuss.
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