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Responding to client demand, Barclay's (BCS) plans to open a precious metals vault in London by...

  • Friday, September 16, 2011, 7:20 AM ET
    Responding to client demand, Barclay's (BCS) plans to open a precious metals vault in London by mid-2012. The bank is joining Brink's (BCO) which opened a vault this year and is considering a 2nd facility. The price of gold is set for an 11th consecutive year of gains.
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    This should bring some clairity to the rumor of gold being leveraged 100 to 1...if they are opening a vault..they have to fill it with the real metal I assume..to get the metal should call out the lended metal..IMHO
    16 Sep 2011, 07:24 AM Reply Like
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