LBMA Alchemy and the London Gold and Silver Markets: 2 Steps Back

Nothing more can be said about this trade reporting fiasco other than it must be obvious to everyone that the LBMA and its bullion bank members do not want the transparency that gold and silver trade reporting would provide. Otherwise they would not have spent 4 years on a project which any individual investment bank could start and complete within less than 3 months.

LBMA Alchemy and the London Gold and Silver Markets: 2 Steps Back