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The Bailment Process For Digital Gold and Silver

If you have ever wondered how the ‘bailment’ process works on digital gold or silver, David Morgan’s web site has some great pictures of Anglo Far East Bullion booking in bars to the vault.  Here is an pic of Patrick Jurt (Grant & Thornton in Zurich) checking of LBMA Bar numbers, with Raphael Pfyl ViaMat) at ViaMat Security Vaults in Kloten, Zurich.

AFE locked away 15 metric ton of allocated silver bars and tens of 1000s more ozs of gold

AFE locked away 15 metric ton of allocated silver bars and tens of 1000's more oz's of gold

There is about a dozen more pictures with details of the bailment process here, take a look.

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