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Mystery Buyer Of Massive 1,500 Ton Gold Vault In London Is China's Largest Bank

Friday, January 8, 2016 10:51

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Back in June 2013, when Deutsche Bank opened a gold vault in Singapore which could hold up to metric 200 tons, the German bank was euphoric about the prospects for storing physical gold: “Gold has traditionally been stored in London, Zurich and New York, but there is a serious shift in dynamics going on as the global financial crisis continues to evolve,” Mark Smallwood, Deutsche Asset & Wealth Management’s head of wealth planning in the Asia-Pacific region, told The Wall Street Journal …. http://www.zerohedge.com

Source: http://luismmx.blogspot.com/2016/01/mystery-buyer-of-massive-1500-ton-gold.html

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