The London Metals Exchange has found bags of stones in place of what should have been bags of nickel in their warehouse.
LME finds bags of stones instead of nickel in metal warehouse. pic.twitter.com/FmgA3FhJld
— Wall Street Silver (@WallStreetSilv) March 17, 2023
This does not inspire confidence in the exchange.
I’d like to know if similar types of problems exist with their gold and silver. Knowing the amount of fraud and criminality that exists in Western financial systems, we can probably assume that there is.
This is yet another reason why you want to have physical ownership of your gold and silver.
