The Precious Metal Gold Is The Future
The purpose of this article is to demonstrate to readers the wisdom of saving in gold now, because gold, as a precious metal, is the future, therefore guaranteeing the future for themselves and future generations. Unfortunately, the majority have been programmed to store their depreciating paper currency, which we all refer to as money, in the banking system, which is the largest ponzi scheme ever devised.Do you want to learn more? Visit Precious Metals Refining
Gold has proved its real worth for more than 5,000 years, as well as being the most trustworthy precious metal that can be gathered by the masses, 1 gramme at a time, and remain a true store of quality for generations, in light of the fact that gold represents the future.
How safe are your gold investments?
Apart from earnings, the most vital component in any savings or investment has to be security.
As a result, it’s vital to understand why gold should only be purchased from refineries and suppliers that are members in good standing of the London Bullion Market Association.
The LMBA’s Background and Role
This is a trade group that represents the wholesale gold and silver market in London, and it was founded in 1987. It’s worth noting that the LMBA is the most well-known over-the-counter market for gold and silver dealing.
The LBMA’s role is to create and promote standards and good trading practises in order to make gold and silver trading easier.
The LBMA’s activities.
With the LBMA Good Delivery List, the London Bullion Market Association represents the gold and silver bar quality and guarantee standard.
Applicants must fulfil specific criteria in order to be considered for inclusion. as an example: The standard gold bars, also known as the Good Delivery Gold Bar, must contain 400 troy ounces (about 12.5 kg) of gold, though the gold content can range from 350 to 430 troy ounces.
The LMBA’s Responsible Gold Guidance, effective January 1, 2012, requires all LMBA Good Delivery Refiners to follow certain guidelines in order to secure a supply of conflict-free gold that fulfils SEC and OECD requirements.
Gannon & Scott Inc
33 Kenney Drive, Cranston, RI 02920
Phone Number (401) 463-5550