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Started By
Message
re: Gold (took a small short position today on 5/25)
Posted on 1/27/11 at 10:38 pm to Tiger JJ
Posted on 1/27/11 at 10:38 pm to Tiger JJ
quote:You mean like this?:
I might get some allocated bars.
quote:How many you looking to pick up?
London Good Delivery Bars, which weigh approximately 400 toz (troy ounces), or 12.4kg, and are at least 99.5% pure. Each bar is stamped with a unique Serial number, the Refiner’s Assay stamp, the Fineness, and the year of manufacture, and has an unbroken Chain of Integrity guaranteed by the LBMA and its member banks and assayers. The cost of each bar is determined by its gross weight, its purity, and the price of gold on the London Market. At $600 per ounce, each bar would be worth on the order of $240,000.
2
Posted on 1/28/11 at 10:24 am to Y.A. Tittle
quote:
You mean like this?:
Yes sort of. Not bars that big.
Posted on 1/29/11 at 12:44 am to Y.A. Tittle
Put me down for two pallets.
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