Two of the world’s biggest banks HSBC and JPMorgan stop buying gold from the Perth mint Perth mint was buying up to 200 million of gold from a convicted killer and child labour in Papua New Guinea ..........
HSBC reacting to "ethical issues that have been raised"..............that's rich coming from them given their history with money laundering for Mexican drug cartels, rigging FX markets and assisting clients with tax evasion. I'm not condoning the actions of Golden Valley PNG in anyway shape or form, but HSBC now taking the moral high ground on this miner and only when the LBMA raises concerns that could have a financial impact on HSBC...I'll stop laughing tomorrow.