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Never let the not-so-fine print get in the way of a good dead horse flogging. Next we will be hearing claims that the public restrooms at the mint have depository certificates in the toilet paper dispensers.

Ronnie, From the distributor side of the fence, what we are seeing is the mint cranking out 1oz coins like crazy to fill demand, particularly in the US - like every year before this one, the mint sends out a distributor alert telling us which sizes they've put on hold past the planned release...

That photo shows probably less than half of the mint's size at that location. Keep panning right.

We don't engage an independent auditing firm at this time - our business simply isn't at a scale where it's cost effective to do so, nor is it a legal requirement as it is not an investment product in the eyes of ASIC. It's not a program that has hundreds of tons or many thousand of customers...

Yes, Gold Stackers buys back unallocated at spot - several dealers advertise lower prices over spot, but it is the spread that ultimately matters. Our spreads for unallocated reflect our business model in that it is being fully backed by retail physical products that have a wholesale cost to...

Yes, that's pretty much what I was saying above. There's no time quantifier given as to what's considered "in reference to spot". I think Pinkman White used to sell on here at what they called fixed prices - they set their selling price based on what spot was when they listed a deal, and did not...

I believe the 5000oz was only offered to a single Perth Mint distributor, however it was then offered for sale to the public through their website. I know Perth has been pretty consistent with the party line of "they are bullion coins, not numismatics" whenever quality concerns arise with...

Guess it depends on the definition of "bullion". In Australia the ATO has a definition which affects the GST status, AUSTRAC has a different defintion which affects the AML/CTF status, and they don't exactly match. For the ATO, there's a pretty widely known set of characteristics that specify...

I'm pretty sure we held a Silver Stackers meeting in that room a few years ago :)

Back to trolling Engelhard threads I see.