Is The London Gold Bullion Market a Bucket Shop - Video
Commodities / Gold and Silver 2016 May 26, 2016 - 03:22 PM GMTBy: Mario_Innecco
It's Thursday May 26 2016 I'm talking about the LBMA today which is the London
bullion market Association it's the biggest supposedly physical gold market
in the world and the reason I brought in diapers because there's an interesting
article in Zero Hedge and it's in tights titled an inside look at the world's
biggest paper gold market and there's quite a few infographics in this article
and it's very interesting and basically it states that average trading volume in
London gold treating calling paper gold as 5,500 tonnes but the LBMA only holds
300 tonnes in its vaults there is more going to London in the Bank of England
buy back gold is supposedly their cat by the Bank of England for other world
Best regards,
By Mario Innecco
http://forsoundmoney.com
A Futures and Options broker in London for twenty years
Mario Innecco Archive |
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