Loco London Gold Market
London Bullion Market
London Gold Fixing
London Precious Metal
Bank of England
Price Set Twice Daily
Gold & Silver
Good Delivery List
JP Morgan Chase
Mitsui & Co
JP Morgan Chase
A Global Repatriation & Hoarding
Total Gold Demand, 2009 Q1 and 2013 Q2.
"When a government overvalues
one type of money and
undervalues another, the
undervalued money will leave the
country or disappear from
circulation into hoards, while the
overvalued money will flood into
"Bad money drives out good".
What is the “Bad Money”?
Unallocated Paper Gold
Exchange Futures for Physical
The Wholesale Market - Present
Physical Flow of Gold
U.K. Gold Shipments Climb Eightfold as Metal
Seen Moving to Asia
UK gold exports surge tenfold this year
- Financial Times
Gold flows from Britain to Switzerland surge
797 tonnes exported from London in the first half
of this year.
An Estimated 10,000 tonnes total sits in London
At this rate all gold will have disappeared from
London vaults in just over 6 years!
A Proposed New Global Marketplace
A Global Loco Trading Hub Market with a Unified Vaulting Network for Allocated Bullion
•Global Price Flattened
•Perfect arbitrage between
Clearing Banks &
•Worldwide - all time zones
Wholesale Market Comparison
Global market connecting local physical markets
True global price + True local prices + Flattened Global Price
Effective unlimited supply - Part of fractional banking system
Allocated – difficult to manipulate
Investor holds counterparty risk against custodian
Finite supply – placing upward pressure on gold prices
Expensive transportation costs
Investor holds legal title
Only trading and clearing during London time
Negligible counterparty risk
Only wholesale lot sizes – Market not available to private investors
Can store gold locally in home region
Organically dying market
Minimal transportation costs
Organically evolving market
- Presented by Thomas Coughlin
What is Bullion Capital Doing?
Bullion Capital Limited (BCL) offers a loco trading hub physical bullion market, with an online
trading platform for precious metal traders and investors.
BCL – Similar to above proposal
ABX – Same as the above proposal
Late 2014 – Early 2015
Are we mucking around?
We’ve spent three years collaborating with industry specialists.
We’ve liaised and done board room battle with over 500 bullion market participants from the top down.
We’ve internally developed the unique systems, mechanics and technology to bring this market together.
We’ve got brokers, dealers, platform providers and SMSF administrators already utilising the BCL platform.
There is overwhelming support for this Global Market.
ABX Advisory Committee
Managing Director, Great Lakes Global Limited and
Chairman of COMEX, Boards of Governors
Deputy Head of Global Commodities, Bank of China
Head of Precious Metals, Marex Spectron
Portfolio and Strategy Advisor, Vulpes Investment
Consultant to Hinde Capital
Investor Director and CSI, Cheviot Asset Management
Managing Director, John Galt Trading Consultants
President and CEO, Treasure Island Coins Incorporated
BCL Australian Market Offering
1) A Private Client Service – Closing Soon!
2) Introducing Broker Service
Allocated Physical Bullion
Stored in Australian vaults, not a paper contract.
Withdraw your bullion at any time. Retain complete
ownership and control over your investment.
Locally stored and insured by Armaguard, verified by
Inspectorate, audited by BDO. Simply the most secure
physical bullion investment solution.
With prices provided by multiple market participants,
avoid dealer spreads and benefit from MetalDesk's
exchange based trading platform.
Opportunity – How to Benefit
Sign up as a client or Introducing Broker and Support us with our mission of implementing this revolutionary new allocated
global bullion market and help pave the way of the future.
Should we collectively succeed, there will be an abandoning of the current archaic London paper system and a conversion to
a highly efficient allocated system.
This will place enormous upward pressure on the gold price and all precious metal investors will benefit.
Further, simply enjoy all the other benefits BCL has to offer through highly efficient online exchange trading platform.