“The new facility is 30 percent booked at the opening, said Joshua Rotbart, precious-metals general manager at owner Malca-Amit Global Ltd. The storage will add to the firm’s five vaults at the Singapore FreePort, which are fully reserved for gold, he said in an interview. The repository can hold $128 million of silver at today’s prices. The number of individuals with $1 million or more in investible assets climbed to 3.68 million in the Asia-Pacific region in 2012. The Singapore government has been promoting the country as a bullion-trading hub, removing a 7 percent sales tax on investment-grade precious metals in 2012. ”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Germany approves electronic ankle bracelets to monitor suspected extremists
U.S. Sued For Flooding Some Houston Neighborhoods to Save Others
Reagan’s Personal Spying Machine
Stop-and-Seize Turns Police Into Self-Funding Gangs
US army blocks access to Guardian website to preserve 'network hygiene'
Interview with Slashdot founder Rob Malda
Inside TAO: Documents Reveal Top NSA Hacking Unit
Researchers create battery that recycles sewage into energy
Two-thirds of millionaires left Britain to avoid 50p tax rate
Obamacare will question your sex life
Canadian banks to be compelled to share clients' info with U.S.
In a Subprime Bubble for Used Cars, Borrowers Pay Sky-High Rates
Junk-Bond Funds Extend Losses as Lucidus Liquidates Holdings
Syrian aircraft bomb Sunni militant targets inside Iraq
Spanish spy chief to address Parliament on spying