Housekeeping: This is the PM GoldFix post combining AM emails with additional intraday posts.
Morning Rundown:
Metals/Commodities:
Macro-Economics:
Geopolitics/Elections:
Founders:
Vince, watched the discussion on Arcadia. Excellent. When you mentioned that Singapore would take over from Swithzerland in 2026, and i think you could very well be spot on, what is it about Switzerland that changes is status as a global storage hub for gold?
Loss of neutrality? Higher costs? The risk of confiscation? or maybe could it be the repricing of gold in yuan that could send private gold inventories over to Singapore?