Gold Goes West
The Bullion Market Breaks
Gold is doing something unprecedented: moving West. After a decade of positioning for Eastern demand, we're witnessing a dramatic reversal that threatens to break the market's plumbing.
Our long-standing 'Gold in China' thesis rested on two pillars:
Households seeking to diversify away from local bank accounts, LGFVs, and WMPs as the real estate bubble de…
