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Samstag, 2. Februar 2013

What's behind moving Swiss Bank clients from unallocated to ?allocated? gold accounts?

What's behind moving Swiss Bank clients from unallocated to ?allocated? gold accounts?
Julian D. W. Phillips
Swiss banks UBS and Credit Suisse have moved to offer "allocated" gold and silver accounts to their clients, including high net worth individuals, hedge funds, other banks and institutions. The move allows these entities to take direct ownership of their bullion in ?allocated? accounts. In addition, their storage fees have been raised by 20%. The reason..

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