tag:blogger.com,1999:blog-6089228851855763774.post2196488363977062093..comments2024-02-05T17:24:09.663+08:00Comments on Gold Chat: AWOLBron Sucheckihttp://www.blogger.com/profile/00530576934994289879noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-6089228851855763774.post-34444777512293094772010-02-23T17:44:12.680+08:002010-02-23T17:44:12.680+08:00Jim, if we acquire AGR certainly there will be a r...Jim, if we acquire AGR certainly there will be a review of all our investment products.<br /><br />Perth Mint does not have any arrangements formal or informal with GoldMoney or Bullion Vault. While they are competitors of our Depository service, my personal view is that the market is big enough for everyone and GM and BV are to the best of my knowledge reputable businesses, so I am not going to compromise myself and take a purely self interested position that someone would be stupid to use them.<br /><br />I think PM has more in common with GM or BV against the hugely dominant ETFs.Bron Sucheckihttps://www.blogger.com/profile/00530576934994289879noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-59667688086354703672010-02-22T16:56:21.175+08:002010-02-22T16:56:21.175+08:00After the news that AGR Matthey partnership is dis...After the news that AGR Matthey partnership is dissolved, I'd like to see more information about PM's plans to improve marketing of its products.<br /><br />Your recommendation of the mint's ASX product PMG (code ZAUWBA), GoldMoney or BullionVault was interesting. Does PM have/plan any formal agreements with GoldMoney or BullionVault?<br /><br />PMG & PM gold certificates can be paid for with AUD, which has obvious benefits for Australian retail investors like me, but so far I've not bought either but I'm still waiting for GoldMoney to deliver on a long-promised acceptance of AUD.Anonymoushttps://www.blogger.com/profile/08555021102712942465noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-35593070591939654082009-12-22T22:00:00.386+08:002009-12-22T22:00:00.386+08:00I don't know where to start. There are a numbe...I don't know where to start. There are a number of reports on the RCM's website and it all sounds very technical but no matter how it is said, the simple fact is that they can't count their stock and reconcile properly.<br /><br />Plus it seems they sent of slag externally without knowing exactly what it contained. This is most puzzling part. If you couldn't estimate with any certainty what the gold content of your slag was, then send it off for "toll" refining, where you pay the refinery for refining and you keep whatever gold is recovered. For them to say that they have lost it and will not be able to get it back from the external refiners means they must have sold the slag for cash (ie done deal, hence you can't go back and reneg on the deal, the external refiner bought the slag "as is", so to speak). This is not necessarily a problem, but you only do that if you know with certainty EXACTLY how much gold there is in what you are selling, which obviously they did not and which is confirmed in one of their reports.<br /><br />A sorry state of affairs.Bron Sucheckihttps://www.blogger.com/profile/00530576934994289879noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-58188234170223786862009-12-22T10:57:30.691+08:002009-12-22T10:57:30.691+08:00Hi Bron,
Glad you had a good break. I am quite ha...Hi Bron,<br />Glad you had a good break. I am quite happy with the Treasury service. It's simple and I get to talk to a real human for a change.<br /><br />I you have a moment to comment, I'd like your thoughts regarding the latest on the RCM fiasco :<br /><br />http://www.windsorstar.com/Mint+reveals+lost+fortune+gold/2367398/story.html<br /><br />It just seems ridiculous. It has taken a year to arrive at this version of the truth...what do you think ?<br /><br />Cheers,<br />KeithKeithhttps://www.blogger.com/profile/16937180113775552337noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-3789529209064689002009-12-17T06:39:08.817+08:002009-12-17T06:39:08.817+08:00Bron, as a Perth Mint unallocated customer I am 10...Bron, as a Perth Mint unallocated customer I am 100% satisfied with the way trades are done. I don't want online access.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-3136858483612446052009-12-14T12:56:33.943+08:002009-12-14T12:56:33.943+08:00Because people paid to attend the conference, I do...Because people paid to attend the conference, I don't feel it is right to publish my stuff done at the conference, I sort of want to support them by encouraging people to attend.<br /><br />Good that BT allows gold but outrageous they have limits on it, if anything the recent good performance of gold vs shares should have their trustees on notice that they were negligent by limiting gold exposure.<br /><br />Perth Mint has many self managed super funds holding gold accounts, only way to really get control over your finances.Bron Sucheckihttps://www.blogger.com/profile/00530576934994289879noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-81650875678051999052009-12-13T19:47:08.246+08:002009-12-13T19:47:08.246+08:00Please keep blogging regularly, I think your thoug...Please keep blogging regularly, I think your thoughts are quite thought provoking and I come here often for updates. The info on Australian gold confiscation is unique and quite valuable to us Aussies in my opinion.<br /><br />Any snippets or even chunks from the gold standard institute conference would be great.<br /><br />BT Wrap services allow investors to invest in gold miner shares, GLD ETF and I think the Perth Mint product as well but they put tight limits on the proportions allowed to place into bullion (closet gold haters methinks). For direct investment in bullion you need to start a self managed super fund.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-92187629205281054802009-12-13T15:02:58.972+08:002009-12-13T15:02:58.972+08:00Spectrum Super http://www.spectrumsuper.com.au/
T...Spectrum Super http://www.spectrumsuper.com.au/<br /><br />They don't have our ASX product listed as one of the direct security options (http://www.spectrumsuper.com.au/drawpage.jsp?parentID=770046&pageID=INVESTMENT_CHOICES&subpageID=770046) but it is listed in the Perth Mint's staff fund within Spectrum, so I think if you ask they should be willing to allow you to buy it. If you have any problems let me knowBron Sucheckihttps://www.blogger.com/profile/00530576934994289879noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-48971846808089704662009-12-13T13:59:02.996+08:002009-12-13T13:59:02.996+08:00Hi Bron, not feedback, but I've forgotten the ...Hi Bron, not feedback, but I've forgotten the name of the super fund you mentioned at the conference, the one that lets you invest in gold.<br /><br />Do you have an email address or website for it?Justinnoreply@blogger.com