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Koos Jansen: Rectification of Chinese gold trade rules
1:09p ET Monday, June 15, 2015
Dear Friend of GATA and Gold:
Gold researcher and GATA consultant Koos Jansen today clarifies two rules about gold trading in China. Customers of the Shanghai Gold Exchange, he writes, can use domestic renminbi to buy contracts on the international gold exchange in Shanghai. And non-standard gold bars made in China do not have to be sold through the exchange, just standard bars. His report is headlined "Rectification of Chinese Gold Trade Rules" and it's posted at Bullion Star here:
https://www.bullionstar.com/blogs/koos-jansen/rectification-on-chinese-g...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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