If your gold is at an LBMA bank, you may be just an unsecured creditor
By Adrian Douglas
Monday, March 1, 2010
Recently I have written several articles that have discussed how much “paper gold” has been sold, principally through the unallocated accounts of the London Bullion Market Association, though there are other vehicles that achieve the same end, such as pool accounts, unbacked exchange-traded funds, futures, and derivatives, etc., but the [...]