28 April 2015

Moving to new corporate blog

I have been very busy over the past few months, a few projects coinciding, and also working to set up a blog for myself at the Perth Mint - research.perthmint.com.au hence the lack of posts. I've moved the content from the Research section of the Perth Mint to the blog to seed it but the first real post on the new London fix is now up.

I will be trying to maintain a daily schedule and part of that I will go back over this blog and revisit/rewrite some content that is evergreen in nature and worth bringing to new readers' attention, after around 7 years and 450 posts otherwise useful material can get lost. I also plan to redo my most popular post on gold confiscation, incorporating a lot of material gathered since I wrote it as well as comments from those I've discussed the issue. Putting together all of my fractional reserve bullion banking posts is also probably worthwhile, so much misinformation on that topic.

The new corporate blog will be where I will put most of my serious or sensible stuff, but this blog will remain for truly personal commentary on the PM markets that the Perth Mint just can't host. This blog has been an awkward blend of personal and work which necessarily restricted overly blunt and pure opinion content (yes I have been restrained), but I hope to make the distinction clearer so that this blog has the "space" where I can rant a bit more.

I'm not sure exactly how personal I can be, given the recent case of Scott McIntyre, who was sacked for comments "calling Australia’s involvement in the World Wars an 'imperialist invasion of a foreign nation'." The excuse given for the relevance of the sacking was "It’s not tenable to remain on air if your audience doesn't respect or trust you.” Is this justified only because he had a public role, would someone without any public facing role saying the same thing which it is then discovered who he/she works for be justification for sacking. Seems a restraint on free speech to me, no matter what he said. In such cases where is the line between personal and work life, effectively there is no work/personal split and work dominates your entire life. I suppose as I have a public profile and represent the Perth Mint, I operate under the same expectation. Might just need to have a detailed read of our social media policy.

Maybe just easier to start a new anonymous blog so I can rant away.


  1. Just wondering, could you fix bullion news rss feed. None of the links to full articles work

  2. (Your Perth Mint blog requires the use of yet another "account" - this time "Disqus"...)

    If actual physical demand is as strong and deep as it appears to be, why aren't miners making deals individually with large buyers of physical - or with eastern markets - at better prices? Or are they? It would be interesting to know the names of sellers and whether the volume offered by miners has been increasing or decreasing over recent years...

  3. I may well move comments here to Disqus, as it allows banning by individual user, which can be handy.

    Miners generally don't deal directly with large buyers of physical because they only produce dore, not refined accredited gold, and miners need someone who will continually buy in volume, then you also have the credit risk to who you are selling. It is just not very efficient.

  4. This sounds like a worthy undertaking. Best of luck. It is a lot of material to work though.