The IMF’s Gold Depositories – Part 2, Nagpur and Shanghai, the Indian and Chinese connections
By GCRU Gold News on Saturday, February 14 2015, 03:14 - Permalink
What is less well understood however are the references to the cities in two of the word’s great gold markets, specifically, the reference to the Reserve Bank’s Bombay office, the transfer of IMF gold to another Indian city, Nagpur, and the fact that Shanghai was only removed “temporarily” and could, in theory, be reinstated as an IMF gold depository.