Major Shift Happening in Asia PM PricesLooks like a major repricing of gold and silver is taking place right now in the SGE ( Shanghai Gold Exchange ) compared to the crooked Comex and London Exchanges. Premiums for gold are over $100 and silver over $2/oz - Gold trading at over $2000 US and $25 or silver. The SGE is mainly a physical market unlike Comex or London that trades mainly paper contracts. Big arbitrage opportunity is draining western markets of PMs.
Something BIG is happening right now that will soon ( imho ) very soon move Comex prices up and up to match. And imho this is happening because of what happened with the BRICS summit a few weeks ago. Saudi Arabia, Iran and UAE is selling more and more oil for RMB which they are converting to physical gold on the SGE. These oil producers are abandoning the US dollar for gold. OUR time is coming very soon imho. Stay strong, stay long!