Wednesday, June 29, 2011

Pan Asian Gold Exchange Launches in Kunming, China

The Pan Asian Gold Exchange has launched in Kunming, China.

Of perhaps even more interest, none other than Silver Whistle-blower Andrew Maguire appears in the promotional video released by the exchange.  1:25 into the clip Maguire states:

"I absolutely welcome the opening of the Pan Asian Gold Exchange.  This exchange promises better price discovery, less leverage, and should in time dilute the effects of short-side concentration in both gold and silver"





Sleep well tonight Blythe, sleep well.