Chinese Gold Lease Market And Chinese Commodity Financing Deals Explained

BullionStar This post is part of the Chinese Gold Market essentials series. Click here to go to an overview of all Chinese Gold Market Essentials for a comprehensive understanding the largest physical gold market globally. The main arguments presented by Western consultancy firms, such as GFMS and the World Gold Council (WGC), to explain the difference between SGE withdrawals and Chinese consumer gold demand relate to Chinese Commodity Financing Deals (CCFDs). However, this analysis is incorrect as I will demonstrate in this post. CCFDs are used by Chinese speculators to acquire cheap funds using commodities as collateral. When it comes to using gold as collateral for CCFDs there […]

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Reuters Spreads False Information Regarding The Chinese Gold Lease Market

BullionStar A reporter from Reuters asserts there is 2,000 tonnes of gold tied up in the Chinese gold lease market. Once again, we will debunk these fictitious statements.  Kindly be advised to have read Mechanics Of The Chinese Domestic Gold Market and Chinese Gold Trade Rules And Financing Deals Explained before you continue. (More in depth information on the Chinese gold lease market can be read in my posts: A Close Look At The Chinese Gold Lease Market, Gold Chat About The Chinese Gold Lease Market, Zooming In On The Chinese Gold Lease Market and Chinese Gold Leasing Not What It […]

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