DISCLAIMER: GOLDINVESTMENTCOMPANIES.COM IS AN AFFILIATED PARTNER FOR GOLDCO PRECIOUS METALS, AUGUSTA PRECIOUS METALS, AND BIRCH GOLD GROUP, PROMOTING THEIR GOLD IRA, GOLD 401K TRANSFER AND BITCOIN IRA SERVICES AND PRODUCTS.
Rumors have circulated on the internet that The Perth Mint has a shortage of physical silver and gold and that their pool products, either allocated or unallocated, do not have enough physical bullions backing them up.
“You can go to The Perth Mint’s website and there’ a bulletin there that absolutely denies those allegations,” Kevin Rich, consultant to the Perth Mint, told David Lin, anchor for Kitco News. “Those unallocated physical products are fully backed by physical product.”
0:00 – Gold ETF flows
0:52 – Retail physical demand
2:19 – Premiums
5:05 – Perth Mint inventory
7:25 – Outlook for retail demand
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.