This June the Pan Asia Gold Exchange (PAGE) will open and six major Chinese banks will begin to fix the gold price every morning at 8am their time. With that development the world can now turn to China to get its price for Gold. It will be a [welcomed] challenge to the hegemony/monopoly of the London Metals Exchange and COMEX in New York [and represents a major change/improvement in how the purchase transactions of Gold contracts take place. Let me explain in more detail why] things might never be the same again. Words: 870