mSparks Posted October 23, 2015 Report Share Posted October 23, 2015 Just catching up on various sitrep stuff. http://www.reuters.com/article/2015/10/22/china-gold-ccb-idUSL8N12M44H20151022 The gold auction, which takes place each day at 1030 and 1500 London time, sets the London Bullion Market Association (LBMA) Gold Price, a benchmark used by producers, traders and end-users globally in contracts and transactions. CCB will join the process from October 30, ICE said. I could be wrong, but I am pretty sure this means gold is heading down hard. Link to comment Share on other sites More sharing options...
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