Perth Mint Unallocated Gold

Discussion of the Gold portion of the Permanent Portfolio

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Hal
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Perth Mint Unallocated Gold

Post by Hal »

Last edited by Hal on Mon Aug 24, 2020 8:09 am, edited 1 time in total.
Aussie GoldSmithPP - 25% PMGOLD, 75% VDCO
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I Shrugged
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Re: Perth Mint Unallocated Gold

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Thanks Hal.
Libertarian666
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Re: Perth Mint Unallocated Gold

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If you're not paying for storage, there's something wrong.
yzninw
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Re: Perth Mint Unallocated Gold

Post by yzninw »

Unallocated is a 0% storage fee vs. 1% for allocated. What would I look for to determine the safety of the unallocated, would it be the assets and liabilities of the Perth Mint? Not sure if it's publicly available.

Edit: Just found out that the Perth Mint is owned by the government of Western Australia (didn't know about a Western vs. Eastern), so presumably they could be trusted to honor their liabilities?

Any thoughts on political considerations in Australia?
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