Ideally we break the market like in March when spot was $13~ but premiums were double.
IIRC crimes had to accept 400oz LBMA bars as collateral because too many people were attempting to claim their metals physically (despite crimex being able to settle in cash va physical). The physical demand broke the fractional reserve system used by the so called bullion exchanges.
Ideally we break the market like in March when spot was $13~ but premiums were double.
IIRC crimes had to accept 400oz LBMA bars as collateral because too many people were attempting to claim their metals physically (despite crimex being able to settle in cash va physical). The physical demand broke the fractional reserve system used by the so called bullion exchanges.
LOL "fractional reserve of bullion"
It's the Crimex and LBMA business models...