The global gold market is breaking up
By GCRU Gold News on Saturday, June 13 2020, 06:12 - Permalink
Gold, the universal currency and store of value, is being de-globalised. Mocatta, long the largest gold bullion dealer, is being unwound and shut down by Scotiabank. JPMorgan, the leading US bullion bank, is ever more reluctant and slow to take on new counterparties.