tag:blogger.com,1999:blog-6089228851855763774.post2836899757239264246..comments2024-03-29T07:10:06.022+08:00Comments on Gold Chat: Unallocated vs AllocatedBron Sucheckihttp://www.blogger.com/profile/00530576934994289879noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6089228851855763774.post-53377011871043190262008-12-23T14:39:00.000+09:002008-12-23T14:39:00.000+09:00Hi again Anonymous,If there was a dash for gold, G...Hi again Anonymous,<BR/><BR/>If there was a dash for gold, GOLD is of no use because you can't take delivery in Australia.<BR/><BR/>The Perth Mint can easily cope if there are a lot of requests for unallocated conversions to physical, it will just divert all production capacity from supply export markets (80% of their production is exported) to meet the requests for physical.<BR/><BR/>Considering Australia produces 250t per year it is a bit rich to imply that getting physical in Australia would be a problem.Bron Sucheckihttps://www.blogger.com/profile/00530576934994289879noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-29822243642304430392008-12-23T10:00:00.000+09:002008-12-23T10:00:00.000+09:00Simple for me this. If there was a dash for gold i...Simple for me this. If there was a dash for gold in an extreme situation the Perth Mint could not cope. ETFs like GOLD on the ASX are better as you always know they are 100% backed by allocated metal.Anonymousnoreply@blogger.com