Gold researcher and GATA consultant Koos Jansen today provides an English translation of a news report about a speech by Shanghai Gold Exchange Chairman Xu Luodo, explaining the exchange's plan to become a major international exchange increasing China's influence on the gold price and facilitating the internationalization of the nation's currency. Xu's speech also confirms that Shanghai Gold Exchange offtake is equivalent to China's total gold demand. Jansen's commentary is headlined "SGE Chairman: China Should Become First-Class International Gold Market" and it's posted at his Internet site, In Gold We Trust, here:
http://www.ingoldwetrust.ch/sge-chairman-chin...-first-class...
