The LBMA Conference And The ‘Confusion’ About Gold Round Tripping

LBMA gold conference vienna 2015

Much to my surprise speakers at the LBMA conference in Vienna (held from 18 until 20 October 2015) have been discussing how gold round tripping and gold leasing in China inflates withdrawals from the vaults of the Shanghai Gold Exchange (SGE). These Chinese Commodity Financing Deals (CCFDs), which gold round tripping and gold leasing can be labeled as, were presented at the conference as the explanation for the huge difference between SGE […]

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Posted by: Sublimuld50

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