Tag Archives: LBMA

Infographic: Bullion Banking Mechanics

20 Feb
Federal Reserve Bank of New York is the largest Bullion Bank in North America

The identities of these bullion banks The fractional reserve nature of bullion banking and the paper gold creation process How the staggeringly large paper gold trading volumes are generated The gold price discovery process and how the price of gold is set in London by unallocated trading which channels gold demand away from real physical […]