Discussion in 'General Precious Metals Discussion' started by clear, Feb 16, 2021.
Some of the comments aren’t happy. Not sure if there’s any value to retail investors in having a State government going guarantor, they can go broke unlike a national government.
Instos may have a valid complaint.
The vampire squid.. nothing changes
@ shiney is it possibly clever risk management by Wa state government ?
I'm thinking of buying the Perth Mint's Australian ETF operation. Change all the conditions with payout in Monopoly currency.
Let this be a warning to anyone in an ETF!
I wonder if the holders of the PM ETF were notified. Bullion Star posted this on Twitter. Have seen no other reports from the PM or in the West Australian ? Now the PM should have billions of $ worth of gold freed up for sale as they would not have to hold their working inventory as backing for the ETF - pull the other leg. No bars available ...they have no backing for any paper or unallocated holdings. The WA government got off lightly... Its a complete scam - disgusting PM.
I just put an order in yesterday actually, they have no silver available and very limited gold available for sale... nothing in cast and few random minted sizes, the rest 3 week wait they said
Separate names with a comma.