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Bullion banks see huge metal offtake, mining entrepreneur Barron says
6:13p ET Wednesday, April 17, 2013
Dear Friend of GATA and Gold:
Mining entrepreneur Keith Barron tells King World News tonight that enormous retail demand for the monetary metals is swamping bullion banks UBS in Switzerland and Scotiabank in Canada. With supplies of real metal drying up, Barron doesn't expect the price smashing to last long. An excerpt from the interview is posted at the King World News blog here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
GoldMoney Reduces Storage and Exchange Fees
From April 1 GoldMoney will be reducing by a third its storage fees on gold stored at all VIA MAT vaults to just 0.12 percent per year and halving the cost of storing silver with VIA MAT Switzerland to bring it in line with GoldMoney's silver storage fees at other vault locations: 0.49 percent per year as the standard fee and 0.39 percent per year for more than 50,000 ounces of silver. In addition, GoldMoney's minimum storage fee will be reduced to only 0.001 grams per month for gold, platinum, and palladium, and 0.001 ounces per month for silver. In April GoldMoney also will be simplifying and reducing its metal-to-metal exchange fees. For the full details of these significant fee reductions, please visit:
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