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A Bullion Officer is nothing more than an appointed bank officer at an Investment Bank that deals in large bullion transactions, the officers have authority to act on behalf of the bank. Such investment banks are members of the LBMA.
They are appointed by the seller or the buyer and you can find that where both seller and buyer have funds in the same bank they may even be in the same office.
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∙ 12y ago
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What is rich bullion?
Gold bullion consists of gold bars and coins that may be bought or sold in bulk. Rich gold bullion are specific rare gold coins.
What are bars of gold and silver called?
Bullion of gold or bullion of silver. in other words, gold ingots and silver ingots
How is gold bullion bought online?
PMBull dot com is a great site to visit for information and tips on buying silver bullion online. From their site, they have links to other sites with particular types of bullion, whether it is coins or bars.
Why is gold referred to as bullion?
Sorry but gold is not referred as bullion but you have one of the bullions in form of gold. You call a bar of precious metal as bullion. It may be of gold or silver or any other precious metal. Bullion derived from a French word means which can be boiled ie melted.
How can you use bullion in a sentence?
That's a lot of bullion! The gold bullion is currently stored in our largest vault.
What is Rich Gold Bullion?
There is nothing in relation to gold called "rich gold bullion." The wording is used in a money-making skeme in the form of "Sell Gold and Grow Rich Gold Bullion Money Making System." Not much information can be found online about it.
Where might one find a gold bullion bar to buy?
One might find a gold bullion bar to buy in the 1700s Europe, a time period when mercantilism (the goal of which was to obtain as much gold bullion as possible) was prevalent. On a serious note, you can buy a gold bullion bar at any place that sells gold or the bank.
What are gold bullion bars made of?
if the gold is green, then its made from vegetable bullion.if the gold is brown, then its made from beef bullion.if the gold is yellow, then its made from chicken bullion.
How do bullion banks get back the gold they have leased?
The bullion banks simply take back the gold that they have leased after the period runs out.
If you buy gold bullion, do you actually get the bullion to keep at your house?
If you purchase gold bullion, you can keep it in your possession. Investment experts suggest keeping the bullion in a safe deposit box so that in the event of disaster, it would not be lost (fire, flood, etc.) can gold bullion be bought and paid for using 100 ounce silver bars?
What purity should be expected when buying gold bullion?
Gold bullion is in itself called so because of its expected high level of purity. The minimum purity should be 99.5% for bars and at least 90% for gold bullion coins.
Where did gold bullion coins come from?
Gold bullion coins are made from precious metals called bullion and minted into coins. These coins are traded on the commodity market and usually come in 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz sizes.
