Description
Buyer and seller, both exchange contract sign and seal the
contract.
Seller arranges to export/ship out the gold cargo legally
fully documented to the buyer’s destination after the gold cargo
has been cleared and forwarded on the SELLERS consignee addresses
or to the refinery of the seller.
Payment: LC then Seller issues 2% PB
Origin: Central Africa
Loading Port: Dar Es Salaam Airport Tanzania With Swiss Cargo
CIF to Buyers designated refinery
*0KGs delivery for first 3 Months then **0KGs for remaining of
contract rolling/extentions
PRICE: Second Fixing London LME on the day of sale less
7%
Financial investment
In case of interest from the buyer this can be considered as a
financial investment the seller will always pay 7 % of the face
value of the instrument allocated to The sellers bank account
for example: a letter of credit over 5 MIO USD will give the
investor **0,**0 dollars return per month x *2. = 4,**0,**0.°° USD
without any risk to issuer of the letter of credit.
