May gold withdrawals from the Shanghai Gold Exchange will have disappointed gold bull yet again. They came in below the withdrawal levels for the same month in both 2018 and 2017 and the cumulative year to date figures are now than they were for the first five months of 2018 and 2017 too. Indeed they are down nearly 10% on the 2018 five month total. The latest figures should really not come as a surprise. Chinese growth appears to be slipping in comparison with previous years and President Trump’s tariff impositions are also likely to be having a negative effect on Chinese exports. No doubt the U.S President will see ... (full story)