Perth Mint Back In Stock

ABC appears to be out of their own 1kg and 5kg silver bars. On back order till mid to late Sept 2019.
 
I spoke with Perth mint yesterday and they confirmed they had massive orders and were out of stock and had a backlog on 1kg and 100oz silver bullion bars and would not be back in stock for 3 to 4 weeks.... Crazy

They just told me to check back in 3 weeks time...
 
it will be fascinating to see how quickly that stock gets hoovered up, I bet there will be a buying frenzy!

I count roughly 200 1kg bars available. (hard to count with the scroll bar, but I got to 100 and it's about half way through). 11pm Thursday 8th.

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just checked, Bullionnow’s 1000 oz is no more? That’s 300kg worth?

So if they had 10* 1000Oz bars (wholy cow thats large) divided between the population of Melbourne thats in lockdown.

5 million people 0.002 Ozs per person. Whole city locked down. I'd say there'd be a decent amount of people in Melbourne worried about inflation.

But yeah in normal times 1000Oz would be extremely non liquid I imagine.
 
I suspect many of those bars won't leave BullionNow's premises but remain in storage on site for SMSF's.
 
I would just melt the dam thing and pour silver shots out of it

Yeha but nah, shot attracts GST.
Happy to be wrong,but I would worry when I turn up to the dealer that is taken into account with buy price so they pay 10% less?
 
just checked, Bullionnow’s 1000 oz is no more? That’s 300kg worth?

Nothing to worry about Folks, It was just our esteemed leader Chairman Dan Andrews who purchased the lot to try and combat the coronavirus.:p

Since nothing else has worked, Dan has come up with the brilliant idea of going around house to house with 1000 oz bricks of silver and forcing
us poor peasants to swallow a small sliver of silver to cure us of the dreaded COVID 19 virus.:D

As a matter of fact I think I can hear the authorities forcing their way into my home right now.........:eek:
 
Perth have removed 10 oz and 100 oz bars from their bullion site.

I wonder if we will be surprised with new 9999 bars in the future.
Interesting
Just focusing on gold now?
Or just not able to source silver?
 
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