THE SHANGHAI GOLD EXCHANGE IS NOW EXPANDING...

Here’s a clip from my conversation last December with mining legend Pierre Lassonde, where he warned:

"The day the Shanghai Gold Exchange surpasses the COMEX in transaction volume is the day gold pricing shifts from the West to the East."

Yesterday, news broke that the Shanghai Gold Exchange is establishing a warehouse in Hong Kong, a clear sign of strategic expansion.
The goal?

Boost global adoption of yuan-denominated gold products and challenge the pricing dominance of COMEX and LBMA.

We are starting to see record volumes on the Shanghai Futures Exchange amid heavy retail buying.

Is the East vs. West on gold pricing starting to play out?

Watch: https://x.com/goldtelegraph_/status/1919787648346120266?s=46