Gold Rush in Ohio? Small Town Plays Big Role

November 19, 2014 Posted by admin

JACKSON, Ohio—Building contractor Alan Stockmeister is known around town for his stewardship of local businesses: radio stations, a movie theater and a bank, for example. But nothing has been quite like his refinery just off Main Street, which has become an outpost in the multibillion-dollar global gold trade.

Ohio Precious Metals LLC owns one of five refineries in the U.S.—there are 73 world-wide—certified to melt scrap gold and pour it into ingots that can be traded on global markets. OPM’s more than 170 workers process…

Article source: http://online.wsj.com/articles/gold-rush-in-ohio-small-town-plays-big-role-1416357910

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