Sunday, 24 March 2013

Another Gold Shortage? Dutch ABN To Halt Gold Delivery

Based on a letter to clients over the weekend, it appears ABN Amro is changing its precious metals custodian rules and "will no longer allow physical delivery." Have no fear, they reassuringly add, your account will be settled at the bid or offer price in the 'market' and "you need to do nothing" as "we have your investments in precious metals."

- Source, Zero Hedge, read the full article here: