LBMA Certification
LBMA Certification ensures that this trading is standardized in London, which is the hub of the international gold and silver market. The client base includes banks, producers, refiners, and traders around the world that typically trade with each other.
In the past, there have been lists of those whose gold and silver bars were accepted without question. This became known as the London Good Delivery List.
There is a criteria to attain that list.
- there must be a track record of at least three years of producing refined metal
- there must be a minimum quantity of refined metal each year, 10 tons of gold, 30 tons of silver
- there must be a tangible net worth of at least 15 million British Pounds
- there must be directors and and ownership structure
- there must be a letter of endorsement from a central bank or a financial equivalent
Obviously, LBMA Certification, otherwise known as the London Gold Delivery List, is a very select and prestigious list.
One company that has attained this ranking is KaratBars International.
Their gold has LBMA Certification.
Their LBMA Certification is on evident on each gram of gold. This gold is accepted worldwide. Karatbars International offers a gold savings plan using these LBMA certified bars of gold. Investigate their site today and sign up for a free, no obligation account. Since Karatbars International owns everything from the ground, to refining, to distribution, and is debt free, it does not need to charge customers fees to open an account.
Open an account for free today. It is very simple to do. Do it now. This one gram LBMA certified gold is the gold wave of the future.