What Has Been the Impact of the Latest Take Down in Gold and Silver Prices in the East?

With this latest take down in synthetic gold and silver prices in London and New York derivative markets, how are gold and silver prices faring in Eastern markets in Shanghai? Are the price gaps still massive? Remember, the deceivers out there wanted everyone to believe that the only reason these price differences have exploded this year was solely due to the imposition of gold import quotas by the Chinese government. For example, here is an article from Bloomberg that attributes these burgeoning differences in gold prices between East and West solely to Chinese gold import quotas. Since China lifted these quotas this month on 19^th September, if this mainstream media explanation were true, then these price differences should have significantly closed since last week. Is this what has happened? If they have, what does it mean for gold and silver investors? And if they haven’t, what does it mean? In this article, I’ll explain why the mainstream Western take on these gold/silver price differences is completely wrong. Let’s begin with the facts as we all know the mass financial media always twists statistics to fit their Ruling Class provided narratives, especially in gold and silver.