Store Your “Gold” With The Bullion Banks? Think Again
The banks will own these bullion assets ahead of their customers, and the banks will do their best to…
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Corrected Golden Lessons
“You might think that’s simple conspiracy theory…it’s actually conspiracy fact.”
Continue readingGold & Basel III’s Trillion-Dollar Question On What Comes Next?
What banks do and what they say are very different things. Basel III is just another attempt to make the…
Continue readingUntrustworthy Unallocated Gold
This fractional reserve system risks collapse with every run on true physical metal, and recent…
Continue readingUH-OH: Perth Mint Goes On The Defensive About Silver!
“The Perth Mint completely refutes any claim that it is running a “fractional reserve” bullion storage program…”
Continue readingBasel 3 rules will wreck gold price suppression, LBMA warns Bank of England
Pending “Basel III” regulations emanating from the Bank for International Settlements could destroy the clearing and settlement system for unallocated “paper” gold…
Continue readingLBMA Clearing Banks Risk Collapse, Silver Raid Rattles Comex
In a bid to buy time to unwind massive interconnected unallocated positions…
Continue readingHas The Situation Normalized In The Physical Silver Market?
“This is also putting additional pressure on top of the…”
Continue readingUndesirable Unallocated Unavailability
The movement to convert accounts from unallocated to allocated has seemed to stretch an already tight supply chain to the edge of breaking…
Continue readingWhen “Unallocated” Becomes Unavailable
The last thing you want is to be at the back of the line with all of the other fools caught flat-footed and…
Continue readingSilver, SLV And Shell Games
It’s quite probable that the silver and gold bar custodial business is likely one big shell game…
Continue readingComex Data Shows The Potential For A Run On Gold And Silver
The last few delivery periods for gold and silver on the Comex have experienced a record number of longs standing for delivery. For gold…
Continue readingGold intervention by BIS held steady in March and April as study hints it’s done for Fed
The BIS long has acted on behalf of the Federal Reserve and has done so via swaps and crucially has been prepared to take on credit risk. This invites…
Continue readingThe LBMA Uses Unallocated Gold To Manipulate the London Price “Fix”
An unallocated gold account is nothing more than security interest in the account – it’s a paper derivative. In this regard, the LBMA is little more than…
Continue readingDutch Bank Forcing Clients To Close Their Gold Accounts
They will need to sell their gold by April 1st, or the bank will sell it for them…
Continue readingAlasdair Macleod On Unwinding Unallocated Gold Accounts
With an unallocated account the customer doesn’t have an entitlement to any specific bullion bars, and is a creditor of the bullion bank. So long as the customer is […]
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