In recent weeks we’ve witnessed a divergence in the gold and silver prices in China vs. where they’re trading on the COMEX.
While it’s common for the metals to trade in China at a premium or discount to the COMEX, the Chinese premiums have escalated and so far we have not seen an arbitrage to close the gap.
So in today’s show we talk with Vince Lanci of the Goldfix Substack to get a better idea of what’s driving the premiums, if he expects them to continue to escalate, and how the situation ultimately gets resolved
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