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Richard Hayes, CEO of The Perth Mint, discusses with David Lin, anchor of Kitco News (https://twitter.com/davidlin_TV), why speculations of a shortage of inventory at The Perth Mint are wrong.
Does The Perth Mint have enough metals to cover unallocated, allocated, and pool accounts? “Categorically yes,” Hayes said.
The Perth Mint is “an integrated precious metals refiner, fabricator and secure depository suppling precious metal related products and services” and is one of the largest precious metals Mints in the world.
0:00 – Introduction to The Perth Mint
9:13 – Shortage of gold & silver?
19:06 – Unallocated, allocated, and pool accounts
23:24 – Metals inventory
30:07 – Precious metal borrowings
32:07 – Insurance, working stock management
39:03 – Outlook on the precious metals markets
#PerthMint #SilverSqueeze #RichardHayes
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