This is not my fight so good luck with your PMs. However, we are stackers not orators, FFS can someone in Perth put together a group? Meanwhile, what can we take away from this? In Sydney there are a few private vaults. What if they went belly up? It makes sense to use them for SMSF where everything is documented and insurance is not a privacy issue. But, as to private holdings, is there a need for a "dark" vault owned and run by a collective? Perth Bullion proves that if you don't hold it, you don't own it. I'll put my thinking gear around this and talk it through at the next Stackeratti meeting.