Perth Mint ceased production of 10oz Bars

Discussion in 'Silver' started by Silverado, Apr 18, 2011.

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  1. Guest

    Guest Guest

    Bullion mark have the problem stated as a worldwide shortage of silver on their Perth mint silver @ their website.

    "The Perth Mint has temporarily ceased production of this product due to a global silver shortage. We cannot accept new orders until further notice."
     
    Guest, Apr 19, 2011
    #61
  2. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    here there everywhere
    Common knowledge in the Jewellery trade ,MO was letting the cat out the bag
    Diamonds = biggest scam on earth
    I don't have any evidence but lots of family friends in the trade
     
    spannermonkey, Apr 19, 2011
    #62
  3. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    I agree, it will go from $52 all the way down to $43 !!!

    97% certain
     
    THUCYDIDES79, Apr 19, 2011
    #63
  4. goldpelican

    goldpelican Administrator Staff Member

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    Go back and read http://forums.silverstackers.com/message-109722.html#p109722
     
    goldpelican, Apr 19, 2011
    #64
  5. Guest

    Guest Guest

    Understood, I'm not placing any credence on the statement and have not read the whole thread, just came across it this arvo and thought I'd throw it in out of interest.
     
    Guest, Apr 19, 2011
    #65
  6. thatguy

    thatguy Active Member

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    i wonder how much lead time GP had on this as his appitite for 10oz's makes more sence now :)

    Will 10oz PMs have a numismatic premium in a wee while? Must admit they be damn cute :p
     
    thatguy, Apr 19, 2011
    #66
  7. bron suchecki

    bron suchecki Active Member Silver Stacker

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    There will always be some mining and some coin and bar buying, but yeah it will be really low so a lot of people are going to get laid off, no doubt. Numismatic business might be OK as with cheaper metal prices the overall cost of a commemorative coin is lower so easier to sell.
     
    bron suchecki, Apr 19, 2011
    #67
  8. mickjohn

    mickjohn New Member

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    Didnt mean to offend and apologise if I have.

    Reason for my curiosity was that I have spent the last 6 months studying De Beers, their CSR and the fact they claim that they dont deal with blood/conflict diamonds.
    I have come across a few different non-profits that have been scrutinising them as well but the conclusion that I have consistently come to is that, part of the reason they dont deal in blood diamonds (and actively campaign against them) is profit based pure and simple. Less blood diamonds = more control and profit for De Beers, something that historically they have been very keen to maintain.

    I have tried my best to find supporting evidence to the fact that they deal in blood diamonds, but have failed entirely. That was the only reason that your comment tweaked my interest.
     
    mickjohn, Apr 20, 2011
    #68
  9. unfunkable

    unfunkable Active Member

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    100oz bars for sale apparently :p
     
    unfunkable, Apr 20, 2011
    #69
  10. grinners

    grinners Active Member Silver Stacker

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    I 100% believe that they can produce gold/silver out of protons and electrons, but it is so expensive that the price of gold would have to be 100x what it is now to make it anywhere near worth it :)
     
    grinners, Apr 20, 2011
    #70
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