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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: LCH.Clearnet Accepts ‘Loco London’ Gold As Collateral Next Tuesday

The market is preparing itself for the nasty storm which they feel is approaching fast. I wonder whether this measure means that they just want any collateral to be used or whether they are specifically eager for real gold as collateral. It seems the latter, because they are talking about loco London gold bars and not about paper gold.

The entire market is hunting for the real stuff. This fits in with Jim Willie's stories about the Swiss allocated gold scandal which is coming out soon. Just a few weeks ago I advised someone to go to the Zuricher Kantonalbank as an option to buy real gold. It appears that was the wrong advise, when you listen to Jim Willie and his sources. DCFM.

http://www.zerohedge.com/news/lchclearnet-accepts-%E2%80%98loco-london%E2%80%99-gold-collateral-next-tuesday

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