Refused Physical Gold Delivery

  1. 8,034 Posts.
    An Indonesian associate company was refused permission to collect their 126 tonnes of gold from Zurich.

    They are only allowed to sell the certificates that lay claim to ownership of the gold.

    The bank cannot supply it because they have either sold it or leased it.

    I have seen the Indonesian Treasury documents to prove the holding and ownership of this gold.

    I have also seen the physical certificates and the code book that relates to the certificates authenticity.


    Something rotten in Denmark, oops Zurich and it is not the cheese.....
 
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