Can anyone really be that stupid?
I have resigned from the Perth Mint, see announcement below. Will be based in Perth. Looking forward to working with Keith developing innovative...
Are you looking at Kitco's bid or ask, what is their spread between bid and ask? Right now this is the spread in our depository online...
This might help http://research.perthmint.com.au/2015/04/07/how-are-gold-and-silver-spot-prices-determined/ Asking what the "real" price of gold...
Diagram not the best, i meant that yes it is worth buying gold as that can't be "devaluated"
[img] FYI, the banknotes the dealer holds are now devalued, so the dealers could get stiffed with this tech.
If gold goes to $50,000 then for simplicity lets assume you bought at $1,000 then that is a $49,000 capital gain. 50% of that you pay tax on, so...
There are two types of people in the world, those who save for a rainy day and those who live for today. I find it had to feel sorry for the...
They were pushing $1050 low forecast a few years back, now adjusting the end date. I think they are crazy optimistic on US economy
AFR http://www.afr.com/news/economy/wa-may-have-to-sell-western-power-assets-if-gst-isnt-changed-20160208-gmomli has article on WA govt selling...
The registered and eligible stocks thing relates to US Comex futures prices only. ETFs are different and generally store their metal in London.
No problem, the new private owners of the Mint just need to get silversearcher to do the audits and tell everyone they can trust him as he says...
1. Once GST is applied to bullion, there will be a big drop in the amount bought, so they will get less GST than expected 2. I think at least 90%...
Most ETFs are physically backed and have nothing to do with futures or "contracts of ounces to be mined". The market maker sells the ETF shares...
Privatisation of the Mint has been raised before over here by media and rejected by the Premier. The problem is that the Mint is more valuable to...
Depending how bad it gets and thus how good the gold markets gets, yes the Mint may end up a huge cash cow. Only problem is that the govt takes...
Nice troll but I won't bite
Thanks, and your point about the opportunity for others to step in I cover in my follow up post...
It is helpful if you read links http://research.perthmint.com.au/2015/11/26/perth-mint-to-collaborate-with-australian-securities-exchange/, I've...
What derivative are you talking about, we haven't issued any derivatives. Do you mean PMGOLD? That is a right to physical which is fully backed so...
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