Canada moves gold of Switzerland, Netherlands, Sweden to unknown location

In just three months, on November 30, the Swiss will vote in a federal referendum on the future of the country’s gold reserves.

The referendum has arisen through a popular initiative called ‘Save our Swiss gold initiative’. In Switzerland, citizens … Read the rest

Banks make millions out of breaking metals storage rules

LONDON, Feb 6 (Reuters) – Banks and trading houses have found a way to beat the ravages of economic downturn, storing millions of tonnes of metal with a business model that outsmarts new rules put in place following widespread concern … Read the rest