Commodity Culture

New Hong Kong Gold System Changes Everything - 'This is a Big Deal': Eric Yeung

Jesse Day Episode 543

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0:00 | 33:35

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Eric Yeung breaks down major news in the gold market: Hong Kong has just launched a new gold clearing and settlement system that could change the entire game. With major banks like JP Morgan already signing on, Eric speculates that this development could push gold into more of a physical settlement market, as opposed to the paper market that dominates Western exchanges today.

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