You are here
Turkey wants the world's gold, with few questions asked
By Cagan Koc and Ercan Ersoy
Bloomberg News
Wednesday, December 11, 2019
Turkey is putting the finishing touches on a plan to loosen rules that govern the import of gold to one of the world's biggest consumers of the precious metal.
The Treasury is drawing up changes that would allow the certification and standardization of scrap or unregistered gold people may carry when entering Turkey, according to people with knowledge of the matter. It is working with Borsa Istanbul on the plan, which also includes the registration of gold brought without certification from the London Bullion Market Association, said the people, who asked not to be named because the plan is still confidential.
... Dispatch continues below ...
Transfer Assets and Own Gold and Silver Coins
and Bars in the Safest Way
GoldCore's mission statement since 2003 has been to protect and grow the wealth of our clients, and given growing monetary, cyber, and systemic risks, it is increasingly important to take delivery or have legal title and outright ownership of fully segregated coins and bars.
On all investment and pension purchases and gold and/or silver coin and bars transfers (from banks, ETFs, and digital gold providers) worth more than $10,000 stored in GoldCore Secure Storage in Zurich, Switzerland, we are now offering Secure Storage for free for six months and the gift of a silver bullion coin -- a beautiful, legal tender, 1-ounce Silver Eagle.
GoldCore does not report transactions to any authority, and safety, privacy, and confidentiality are paramount when we are entrusted with safekeeping of our clients' precious metals.
Please visit GoldCore here for more information about this offer:
https://info.goldcore.com/zurich-gold-silver-storage-goldcore-exclusive-...
Key information regarding GoldCore Secure Storage, our partner vaults and jurisdictions, and storage rates is here:
For further information, please email the GoldCore team at info@goldcore.com or call our trading desk:
U.S.: +1-302-635-1160
U.K.: +44(0)203-086-9200
International: +353(0)1-632-5010
The LBMA is an international trade association setting the standard for the global over-the-counter precious metal market in terms that range from purity and provenance to the way bars are traded. Borsa Istanbul, Turkey's only stock exchange, which also been overseeing the market for precious metals and diamonds since 2013, is an affiliate member of the LBMA. ...
... For the remainder of the report:
https://www.yahoo.com/finance/news/turkey-wants-world-gold-few-112509314...
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
