Something Brewing in The London Gold Fix !!!!
- Not EDV specific, but some interesting news out today re: Deutche Bank "exitting" the London Gold Fixing club. DB is one of the 5 BBs involved in the London Gold Fix and is looking for another "entity" to take over their seat. However, there's talk that other BBs might also want to exit the Gold Fixing role now that the Regulators are coming down heavily on the manipulation in the FOREX and the Precious Metals markets.
- Monday should be interesting as the DB news came after market close on Friday.