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May 24, 1963
Edelmetalle Ag
Pelikanstr 8
Zurich, Switzerland
Gentlemen:
Your fira has been recOIIIDended to me by Mr. Prene. t wonder whether
you would let me know by return mail whether there t.s any market in Switurland
for sUYer bullion and whether one can buy silver bullion for future delivery
in Switzerland . I am interested in either a nine months' or a year's contract.
I am not interested in six moaths' or anything shorter than six months. I
further would like to lmow whether I mulCt buy such silver contracts through
you, how much deposit you would require and wbat the fee would be for a give
quantity. The quantity bought will be somewhere between $10,000 and $100,000.
Further, I would like to know whether I could buy through you sUver bullion
for immediate short-term delivery. I would not waftt to take delivery myself
and therefore you would have to assume responsibil ity for storage. In this
ccmnectf.on., I would like to
ow how swch the storage fee would be, how much
the cOIIBissioa would be on the purchase of silver bullion and, if the silver is not
stored in bauk vaults, I would also like to know bow much the hsufanee cost would
be. Please note that 1 intmd to buy silver for investment and not for specu•
lation.
I know, of course, tla t you can buy silYer futures on the London market,
but I am not interested in that at the present time.
I expect to be in Zurich by the end of .June, but if it
make arrangement s by cCJrresponde nce, I would prefer that.
Yours truly,
Leo Szilard
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EXPER TA TREUH AND AG
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Herrn Prof . Dr . Leo Szilard
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Sehr geehrte r Herr Professo r ,
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Vlir beziehen uns auf unsere Untcrred ung vom ver gangenen Dienstag und go tatten uns , Ihnen in der Be i lage
2 Vertrags entwlirf e zu Ubermit teln mit der Bitte , uns bekannt
zu geben , ob diese Ihrer VJillensm einung ent sprechen .
FUr die zu grlindend e Gesells chaft OTAX A. G., Zug ,
schlagen wir flir deren Statuten folgcnde n Gesellschafts~1e c k
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Erwerb und Verwaltu ng von Beteilig ungen an
industr iellen und kommerz ie ll en und Immobili enUnterneh mungen .
Durchfli hrung aller industr iellen , kommerz iell en
und Immobil ien Transak tionen flir eigene Rechnung
und flir Rechnung Dritter , d i e der Erreichu ng de s
Gesellsc haftszvJ eckes dienen , sowohl i m Inland als
auch im Ausland .
Genehmi gen Sie , Herr Professo r , die Versiche rung unser er
ausgeze i chneten Hochach tung