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Would this be the local miners?

 

Yes. I want in later years integrate paper trading into my commodities firm.

 

No. I guarantee a conflict-free raw material with official documentation. Nothing is illegal.

 

Are there other brokers doing what you do?...why don't these papered local miners go direct to the website that you use?

ES

 

Believe me sir there is no registered local miner who deal via website. Every transaction is face-to-face with required documentation. That's how gold business works in Bertoua, Cameroon's most gold producing region.

 

Sir they don't live in modern world. It is not anybody in this region who can think that it is possible to deal by internet. For most of them, they don't even know what is internet.

 

So what do you do? You buy all these small quanities to make a large tradeable quanity on this website that you use?

So you want to use commodities trading to place your own hedges?

ES

 

There are official gold exchange offices which collect already small quantities from local mining. I buy from these gold offices in bulk quantities. Even these gold exchange offices don't deal by internet. Gold business here is face-to-face.
And yes I want to use commodities trading to place my own hedges.

 

What is a good delivery list?

http://www.lbma.org.uk/the-good-delivery-list

 

So these gold exchange offices buy from papered miners only...or do these gold exchanges separate the wood from the chaff for you? Are you able to pass along these certifications from the gold exchange offices legally?

ES