The Pan Asia Gold Exchange and Hugo Chavez, a curious meeting of minds?

``Given the choice between being the unallocated and unsecured creditor of a fractionalized LBMA market or holding title to deliverable and allocated bars within the PAGE system I anticipate much of the ‘loco London' business will migrate east, lured by the twin benefits of certainty of outright ownership and long-awaited international market access to Renminbi.''