Discussion in 'General Precious Metals Discussion' started by SilverDJ, Mar 27, 2020 at 2:29 AM.
Update from the CEO:
So, they are producing bullion but no bullion for sale to Australians.
This reminds me of the 2015 Kangaroo fiasco, when the Perth Mint provided silver coins to the rest of the world but they kicked Australians in the guts.
Pressure from folk on this forum helped to ensure Aussies got at least 10% of production.
If you don't constantly speak-up, you'll get nothing from Perth. They really do not look after the little guy who wants a few ounces.
Just checking, is any bullion available over the counter ATM from Perth mint?
They still have stock in their online depository, and have been adding new stock in recent days.
As I type they have 20oz and up gold bars in stock.
Silver is 1000oz only in stock at present, but at least in the last few days I have seen smaller stock of both gold (down to 1oz) and silver (down to 1kg) sell out and then more stock become available again. Just keep an eye out.
So not for retail sale as such, you have to be a depository customer to see them and buy them.
Goldstackers newsletter mentioned african mine closures. First Majestic is witholding stock from refiners. South american mines in quarantine lockdown. Silver $25 USD and gold $2500 USD when?
They also announced Perth Mints gold back in stock:
10th, 1/4, and 1oz Roos
And holy Koala Batman!
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