HUGE CLASHES IN CALAIS, FRANCE WITH THE MIGRANTS AS THEY ARE MOVED FROM THE “JUNGLE”/BANK OF CANADA PUNTS AS TO WHETHER ENGAGE IN MORE QE/VENEZUELA ON VERGE OF REVOLUTION AS MADURO CANCELS RECALL/ HILLARY CAUGHT CAUGHT IN ELECTION VIOLATIONS
from Harvey Organ:
It seems that Shanghai pricing is higher than the other two , (NY and London). The spread has been occurring on a regular basis and thus I expect to see arbitrage happening as investors buy the lower priced NY gold and sell to China at the higher price. This should drain the comex.
Also why would mining companies hand in their gold to the comex and receive constantly lower prices. They would be open to lawsuits if they knowingly continue to supply the comex despite the fact that they could be receiving higher prices in Shanghai.