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While China has been buying large amounts of gold for years now, one new development we’ve seen recently is that they continue to gain more influence over how and where the precious metals are traded.

This week a China refinery was just added to the LBMA’s Silver Good Delivery List, which serves as just the latest step towards their growing involvement in the precious metals market. And Vince explains why he sees it as a significant step, and what that means as pricing power continues to shift east.

Video Length: 00:17:13

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