I am now in the process of moving my clients and metals to a new custodian.Here is where things get interesting:Every transfer is being rejected multiple times for the any reason the old major broker dealer can come up with.
More interesting is all, when the old broker dealer finally does transfer the metals to the new custodian, NONE of the bars are the same in weight or serial number as my clients’ statements!
The old broker dealer is having to come to me and my clients with bars of different serial numbers and weight than the one listed on the statements or from old trade confirms.
This mis-match on transfers proves to me that…
View original post 74 more words