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Unveiling the Silver in the LBMA London vaults

Unveiling the Silver in the LBMA London vaults

Submitted by Ronan Manly, BullionStar.com
 
Sometime in the coming days, the London Bullion Market Association (LBMA) plans to begin reporting the amount of real physical gold and silver that is actually stored in the network of LBMA vaults in London. This follows an announcement made by the LBMA on 8 May.
 
There are 7 commercial vault operators (custodians) in the LBMA custodian vault network namely:
 

Dollar, Bond "Carnage" Pauses; Global Stocks Rebound Led By Tech Shares

Dollar, Bond "Carnage" Pauses; Global Stocks Rebound Led By Tech Shares

S&P futures rebounded shortly after the stronger than expected European CPI print, rising 0.3% to 2,426, as markets try to forget all about yesterday's brief 50% VIX surge and tech rout, which trimmed the seventh consecutive quarterly gain for the S&P 500 Index to 2.4%. Europe shares rose 0.4%, led by tech stocks, after a drop in Asian markets, as oil and the dollar gained.

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