Oh the arbitrage! Shanghai vs. London

[Sir Alpha_goy]

http://didthesystemcollapse.com

Come on now your pro traders.

Put that BTC trader training to work!

Look at all that candy!

Shanghai = http://www.en.sge.com.cn

London = http://www.gold.org/reserve-asset-management/buying-gold

[aso118]

http://didthesystemcollapse.com

Come on now your pro traders.

Put that BTC trader training to work!

Look at all that candy!

Shanghai = http://www.en.sge.com.cn

London = http://www.gold.org/reserve-asset-management/buying-gold

There is arbitrage if you can buy gold in London, move it to Shanghai at zero cost, sell it there and transfer pounds back to London.
Unfortunately, in real life there are capital controls, transportation costs, import duty, etc.