An Update from Bullion Capital CEO, Tom Coughlin

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A few weeks ago, we notified you about a brand new global, physical precious metal exchange that was being built with the expectation of eventually drawing interest and pricing power away from London and New York. Today, we have an update on the status of the rollout of this new exchange.

Our guest for this call is Tom Coughlin, CEO of both Bullion Capital and the new exchange called the Allocated Bullion Exchange. Here's a link to the Bullion Capital site: https://www.bullioncapital.com And here's a link to the landing page of the just-announced Allocated Bullion Exchange: https://www.abxglobal.com

Again, the ABX is not yet "live" and the launch has been pushed back a few weeks from late April to sometime closer to the middle of 2015. As Tom explains in this interview, it's not that the exchange isn't operationally ready or that Bullion Capital is succumbing to external pressures. Instead:

  • Since we first spoke last month, there has been a significant influx of broker applications and, in order to deepen liquidity, ABX felt it necessary to get as many of these firms as possible online prior to the launch.
  • The delay also allows ABX to spend additional time engaging the precious metals industry, including physical retail and wholesale dealers around the world, generating excitement and interest in the exchange.
  • Pushing back the launch date also allows ABX executives the time to conduct additional PR and media appearances as well as host global roadshows in an effort to build momentum for the launch.

As Tom goes on to explain, this new exchange will attempt to modernize and globalize a precious metals "market" that continues to operate under the standards and transparency rules of a different era. By connecting physical metal trading centers around the globe, ABX will seek to provide a relevant and efficient price discovery and physical delivery platform. In taking on this challenge, they deserve our support and our patience in their efforts.

We here at TFMR wish ABX all the best and selfishly hope that their efforts at reforming the global precious metals market are a smashing success. The sooner the Bullion Bank Cartel is broken, the better. In the end, we will all benefit from true, free and fair price discovery.

TF

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  85 Comments

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CPE
May 4, 2015 - 11:42am

RE: ABX Global / Bullion Capital / MetalsDesk.Bullion Capital

Bullion Capital launched in Australia a number of years ago. The concept was developed, tested and has been live for several years.

ABX Global is the name of the Global Exchange operating in 11 different hubs across the world that is being launched based on the proven Australian concept.

MetalDesk is the name of the technology and trading platform for both companies.

James Crighton
May 2, 2015 - 9:06am

ABX Global / Bullion Capital / MetalsDesk.Bullion Capital

Could one of you kind souls explain the difference between the ABX Global and Bullion Capital web-sites ?

Thanks in advance

jc

BlackwatersailorSubjectivObject
Apr 27, 2015 - 4:12pm

Canadian Possiblities

It may be possible to run a business legally in Canada as Mr. Kahre did in the states.

Can I redeem a collector coin at a bank or use it as currency to purchase goods or services?
All coins manufactured by the Mint are legal tender. However, unlike Canadian circulation coins, collector coins are non-circulating legal tender (NCLT). As such, these coins are not intended for daily commercial transactions and accepting them as payment or for redemption is at the discretion of businesses and financial institutions.

The Mint has a process in place to reimburse financial institutions the face value of redeemed NCLT coins, once they have accepted them from a customer and returned them to the Mint. In the event a bank branch is unaware of this procedure, customers are advised to contact the Mint with the coordinates of the bank branch, which will take steps to inform the branch of the redemption process.

As collector coins can only be redeemed at face value by businesses and financial institutions willing to accept them, it is recommended that individuals wishing to sell a collector coin first consult with a coin dealer, who is more likely to offer a price above face value.

Taken from Royal Canadian Mint page. See here https://www.mint.ca/store/mint/customer-service/faq-1100010#Q1a

Just a thought.

Hammer
Apr 27, 2015 - 8:30am
59LesPaul
Apr 27, 2015 - 8:25am

Re:LBMA to consider creation of London Gold Trading Exchange.

Hi Tom,

Looks like you have the LBMA running scared. Well done.

"The London Bullion Market Association has commissioned consultancy EY to review the London gold market and recommend further developments, it said on Monday, including the possibility of creating an exchange for gold trading in the city."

https://uk.reuters.com/article/2015/04/27/uk-gold-lbma-idUKKBN0NI0UC2015...

Safety Dan
Apr 27, 2015 - 6:33am

Off Topic - October radiation incident leads to concerns

October radiation incident leads to concerns

Posted: April 15, 2015 2:25 p.m.

By LUKE RAMSETH

lramseth[at]postregister[dot]com

An October radiation accident at a waste processing facility on the U.S. Department of Energy’s desert site drew concern this week, largely because it took nearly six months for either the DOE or contractor to publicly disclose the incident.

The accident happened Oct. 23 at the New Waste Calcining Facility, operated by contractor CH2M-WG Idaho, or CWI. It resulted in a small internal radioactive contamination of one worker and a weeks-long work stoppage for a portion of the facility, while an investigation and decontamination effort took place.

It was not until last week that DOE disclosed what happened. DOE officials made a 14-slide PowerPoint presentation to the INL Site Environmental Management Citizens Advisory Board’s meeting in Pocatello....................

............It was not posted to DOE’s online accident reporting site, known as ORPS.

Simpson and DOE spokeswoman Danielle Miller said Wednesday that the incident did not meet a reporting threshold due to how much radiation exposure the worker received.

“I find it amazing that it’s not reportable,” Martin said.

The DEQ, Martin said, would not have been involved in investigating this particular incident, but still wants to be in the loop about such contamination events.

“(DOE) knows that we’re amazed,” she said. “We’re still talking about it, but I’m not sure there’s a lot we can do other than voice our displeasure.”

Bohrer said he was unsure why DOE had not detailed the incident at a previous meeting. The Citizens Advisory Board previously met in January, as well as November.

If the impact had “been a little greater,” the board would have wanted to know the details right away, he said.

“The question I asked (DOE), and one I continue to push on, is did we learn all the lessons we needed to learn from the lab problem with plutonium contamination at the (Materials and Fuels Complex)?” Bohrer said.

He was referring to the 2011 INL plutonium accident that resulted in 16 workers being exposed, and a series of lawsuits.

Another way such contractor accidents, as well as notable accomplishments, typically are reported to the public is via the DOE-Idaho Operations Summary. In years past, the summaries were sent out to stakeholders and the news media more frequently than once a month.

Last year, however, only six were sent out. One has been sent this year. But the most recent update, sent in January, only included incidents from Aug. 1 to Sept. 30, prior to the October incident at the New Waste Calcining Facility. So far, no incident reports have been released covering the past six months.

“We’ve been working to get those out, but we’ve had some reductions in personnel,” Miller said. “So we’re working to get them out as quickly as we can, but it’s been a challenge to get them compiled.”

https://www.postregister.com/articles/news-todays-headlines/2015/04/15/october-radiation-incident-leads-concerns#

ANOTHER Airborne Plutonium Accident in USA, COVERED up for 6 Months

https://nukeprofessional.blogspot.com/2015/04/another-airborne-plutonium-accident-in.html

They also fessed up that the plant was shutdown for 7 weeks!!!!

https://www.postregister.com/articles/news-todays-headlines/2015/04/15/october-radiation-incident-leads-concerns#

Nuclear power plant accidents: listed and ranked since 1952

https://nukeprofessional.blogspot.com/p/nuke-accidents-civilian-and-military-99.html

------------------------------------------------------------------------

Can Lemon Balm as a tea be an effective punch back to long term low dose radiation?

PubMed is a credible source, and they say the protection is clearcut. Hmmm....maybe this is key tool in the post Fukushima world. Too bad we can't dose the Pacific with Lemon Balm

Effects of Melissa officinalis L. on oxidative status and DNA damage in subjects exposed to long-term low-dose ionizing radiation.

Authors

Zeraatpishe A, et al. Show all

Journal

Toxicol Ind Health. 2011 Apr;27(3):205-12. doi: 10.1177/0748233710383889. Epub 2010 Sep 21.

Affiliation

Abstract

The aim of this study was to determine the capability of Melissa officinalis L. (Lemon balm) infusion on improvement of oxidative stress status in radiology staff that were exposed to persistent low-dose radiation during work. The study was a before-after clinical trial performed on 55 radiology staff. They were asked to drink Lemon balm infusion which was prepared like a tea bag twice daily (1.5 g/100 mL) for 30 days. In the plasma, lipid peroxidation, DNA damage, catalase, superoxide dismutase, myeloperoxidase, and glutathione peroxidase activity were measured before and after using Lemon balm infusion.Use of Lemon balm infusion in radiology unit workers resulted in a significant improvement in plasma levels of catalase, superoxide dismutase, and glutathione peroxidase and a marked reduction in plasma DNA damage, myeloperoxidase, and lipid peroxidation. It is concluded that infusion of Lemon balm markedly improve oxidative stress condition and DNA damage in radiology staff when used as a dietary supplement for radiation protection.

PMID

20858648 [PubMed - indexed for MEDLINE]

Links

Full text: HighWire

https://www.bioportfolio.com/resources/pmarticle/95725/Effects-Of-Melissa-Officinalis-L-On-Oxidative-Status-And-Dna-Damage-In.html

Safety Dan
Apr 27, 2015 - 6:26am

Off Topic 3/11 was Japan's 9/11. It's all documented folks!

https://www.jimstonefreelance.com/fukushima.html

3/11 was Japan's 9/11. It's all documented folks! They & We have been lied to..

NEW ULTRA HIGH RESOLUTION FUKUSHIMA PHOTOS

(make sure you expand them to see them clearly, and post them and everything else EVERYWHERE)

Fukushima from the front AND Fukushima from above

These are important photographs because you can sit down and analyze them and see exactly what really happened there.

This is Japan's 911, and it's all based on official records and evidence which cannot be silenced. What is here is every bit as damning as building 7 on 9/11, while being far more important, and the fact that a large portion of even the truth movement has shunned this report will show you just how deep the conspiracy goes. It is essential for people to link, re-post and mirror this report, because e-mails related to it will be censored and people will not find their way here from an e-mail. It will also get deleted from sites like Above Top Secret and Godlike productions, and therefore failure to spread the word through other means will give the elite an ability to create a similar disaster elsewhere, possibly near you. This site is public domain, use anything here on your own site but mention my name and link back to here so people can find the source.______________________________________________________________________

https://nukeprofessional.blogspot.com/

Fukushima WAS a Nuclear Explosion, Here Is The Proof

https://nukeprofessional.blogspot.com/2013/12/fukushima-was-nuclear-explosion-here-is.html

The only way that the tens of tons of uranium and plutonium shown by US EPA air samples could occur was if the explosion came from within the reactor vessel, and/or spent fuel pool. So clearly the explosion was a nuclear type of explosion from within. Nuclear promoters have long stated that nuclear plants can't blow up in a nuclear explosion. We know this to be a lie. In fact Chicago's own Argonne National Lab has video from back in the day when it was "cool" to perform open air tests to blow up reactors to prove the nuclear chain reaction can blow up the reactors. The special type of Nuclear Explosion is called a "prompt moderated criticality".

A blast from a "hydrogen explosion" would come from a wide area where hydrogen would be, Hydrogen is the lightest element, so it would float up and fill the reactor building from the top down. If it truly was a hydrogen explosion, and it wasn't, then the blast would come from the top down. The fuels would be compressed into their deep containments, not launched thousands of feet into the air as did occur.

I am going to stop calling these things reactor vessels, and instead call them "Radiation Cannons"

Here is the Argonne National Lab proof of concept

https://www.youtube.com/watch?t=834&v=8WfNzJVxVz4

Gundersen Email

Now we do know that tens of tons (at least) were launched into the air and effectively aerosolized by the Radiation Canon (aka reactor vessel). Simply using the density of the uranium and plutonium in the air as presented by EPA air sampling tests that are data mined to reveal their dirty little secrets. All that data and the simple calculations to calculate mass using known density and area/volume of dispersion are HERE-

https://nukeprofessional.blogspot.com/p/uranium-aerosolized-into-atmosphere.html

Read the link above, its important. It is the smoking gun. Here is a excerpt table from the calcs in the link above, from EPA data

One thing to note, the nuclear promoters know that plutonium is a dirty word, and many laymen know how dangerous plutonium is. In the table above, EPA states ND supposedly for "None Detected" but in reality, that is a lie as the real story was "not tested". 3 facts: in reactors, as uranium burns, it turns into some percentage of plutonium. Also any "spent fuel" will therefore also contain plutonium. And finally in Reactor, aka Radiation Canon 3, they were using MOX fuel which is a uranium with highly concentrated Plutonium.

The nuclear promoters try to lie to cover up their dirty little secrets, to protect "their precious".

Bottom line....if there is uranium in the air, there is plutonium in the air.

Below you find 3 separate sources proving the Plutonium detected in USA and even as far as Lithuania.

Plutonium Admission by EPA

Just today, ENENEWS broke an article showing plutonium in New Mexico with the Fukushima "signature"
https://enenews.com/facility-director-we-saw-fukushima-plutonium-out-in-the-new-mexico-desert-local-and-regional-contaminations-of-plutonium-in-the-environment-have-resulted

SubjectivObject
Apr 27, 2015 - 4:11am

dopey

dupey

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

SubjectivObject
Apr 27, 2015 - 4:09am

QEing Dynasty

Maybe this leads to Jim Willie's doubling of PM prices "by China":

https://www.zerohedge.com/news/2015-04-27/china-considers-launching-qe-s...

SubjectivObject
Apr 27, 2015 - 3:49am

The war on PM's

Pay your employees in PM's, and watch what happens

https://www.rapidtrends.com/robert-kahre-vs-the-irs-and-doj/

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