Arctic Trails, Winter Gales, And Gold's Secret Tales
By GCRU Gold News on Thursday, December 6 2018, 23:06 - Permalink
The recent and shocking reduction in gold trade statistics under the new LBMA transparency rules (LBMA-i) suggests that over 80% of the previous daily trade reporting is no longer counted, or that the old metrics were drastically overstated. It’s one or the other. A decline in reported daily gold trade from over $200B+/d to a paltry $39.6B/d is not a rounding error.