Hong Kong is currently building something that could fundamentally change the global gold market: its own central clearing system, new vaults for up to 2,000 tons of gold, and a direct connection to the Shanghai Gold Exchange.
Is this the beginning of an Asian counterweight to London and New York? And why did we at Seaside Precious Metals focus on the Dubai-Hong Kong axis early on?
In this video, I’ll show you what’s behind the new system, why the HAU gold price could become important, and why, while the West still sets the prices, Asia is increasingly sitting on the metal.
Watch now and understand where the next major shift in the gold market is beginning.
