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Strategies & Market Trends : Ride the Tiger with CD

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From: kidl	1/9/2016 9:32:14 AM
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Is this a good thing, a bad thing or a who cares thing for gold? Changing The World Order: China Enters The London Gold Market forbes.com Snip ... Deutsche Bank resigned as a clearing member in 2015, after closing its physical precious metals trading arm and withdrawing from gold and silver benchmark price setting. That’s to do with regulation. The large banks now face more onerous capital requirements if they are to deal in physical commodities. As such some of them have decided that it’s not a business worth pursuing: those regulations don’t weigh, or weigh less heavily, on those banks whose home regulator is not in Europe or North America.

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