Stay updated with breaking news from Malca Amit. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
You can now trade physical palladium at dramatically reduced costs versus buying small palladium bars or coins. There is no VAT or sales tax to pay once you keep your bullion inside the vault.
The Bigger the Lie Let’s look for a minute at the very brief retraction statement which the LBMA released on 10 May admitting to the 3300 tonne ‘error’. To recap: “ A data submission error led to the publication of an incorrect aggregate figure for the total silver held in London vaults in March. The corrected figure is 1,143,194 Troy ounces (‘000s)." So it was ‘ a data submission error’. The question then is, a data error submitted by who? There are only 6 vault operators in the LBMA London vault network. These are JP Morgan, HSBC, Brinks, Malca Amit, ICBC Standard,...