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To: PaulM who wrote (40480)9/19/1999 10:15:00 PM
From: Enigma  Read Replies (1) | Respond to of 116760
 
Paul - many thanks - yes it would be interesting if you could post more articles from time to time. It seems that the bullion bank can act as an agent or manager for a CB. As regards leasing I would imagine that the BB takes some of the leasing income as it's fee? Although it may act as principal when leasing too?

It's a very complex field with numerous inter-relationships obviously. It would be good if there was some sort of schematic to demonstrate the flow of various transactions.