La GUERRA por el ORO ya ha comenzado: HONG KONG desafía a LONDRES

Welcome! In this video, The Collector's Trunk presents a series of small gold pieces, specifically two 1-gram ingots, purchased through the Telegram metals group, and three small Maple coins of 1/20 ounce (1.55g) from 1993 and 1995. I'll explain the news that some of the world's largest banks are moving physical gold from Europe to Asia, specifically 400-ounce ingots to Hong Kong. Their goal is to become one of the main gold trading and storage centers in all of Asia, and to achieve this, they are implementing a new system for clearing and settling physical gold. And what does the term "clearing" mean? Imagine a bank sells hundreds of millions of dollars' worth of gold to another bank. Someone has to guarantee that the buyer pays and that the seller actually delivers the gold. That function is performed by a clearinghouse. The clearinghouse acts as an intermediary between both parties and greatly reduces the risk of default. It's a fundamental component of modern financial markets. But for this system to work with actual physical deliveries, locally stored gold reserves are necessary. That's why banks are accumulating gold bars before the official launch. Hope you like it ;) @ElBauldelColeccionista Welcome! In this video, The Collector's Trunk presents a series of small gold pieces, specifically two 1-gram ingots, purchased through the Telegram metals group, and three small Maple coins of 1/20 ounce (1.55g) from 1993 and 1995. I'll explain the news that some of the world's largest banks are moving physical gold from Europe to Asia, specifically 400-ounce ingots to Hong Kong. Their goal is to become one of the main gold trading and storage centers in all of Asia, and to achieve this, they are implementing a new system for clearing and settling physical gold. And what does the term "clearing" mean? Imagine a bank sells hundreds of millions of dollars' worth of gold to another bank. Someone has to guarantee that the buyer pays and that the seller actually delivers the gold. That function is performed by a clearinghouse. The clearinghouse acts as an intermediary between both parties, greatly reducing the risk of default. It's a fundamental component of modern financial markets. But for this system to function with actual physical deliveries, locally stored gold reserves are necessary. That's why banks are stockpiling gold bars before the official launch. Hope you like it ;) @ElBauldelColleccionista