Perth Mint responds to gold, silver shortage allegations (Pt. 2/2)


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/

Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

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.

Does Your Product Talk To Customers?

Does your product talk to customers? No? Your products can and should talk to people browsing along the aisle of a supermarket. Every food, beverages and cosmetics company worth its salt spends serious money on above-the-line promotions such as mass media advertisements and paid media online campaigns to engage with consumers.

Not A Morning Person? Here Are Some Fruitful Tips For You

All the healthy tips that a “not so morning person” needs to be productive and workaholic for the whole day. Morning is the first step of either a healthy or a dull and lazy day. choice is yours.

What Is Cryptocurrency?

Crypto Currency (or Cryptography) is a controversial digital asset designed to function as a cryptographic medium of exchange to secure your transactions, additional monitor units, and transfer assets. Crypto values are a type of digital currency, alternative currency, and virtual currency. Cryptocurrencies use decentralized control instead of a centralized electronic money system and central banks.

Peer To Peer Cryptocurrency

The concepts of Cryptocurrency need to be cleared if you wish to have a flexible, anonymous and secure currency transaction. There are many benefits that can be derived using such nature of currency when peer to peer business is desired. The Basic Requirement for Having Such Currency Transactions To have such currency transaction between two peers, there is the requirement of a Blockchain.

Techniques For Retaining Tenants

When it comes to Data Mining Service-the extraction of Data for generation of utilizable information can be a complex procedure. In the presence of incomplete, Algorithms and Datasecurity, Large DataBases, Relational file, Complex Database and Heterogeneous Database, the procedure becomes quite hectic and intellectual. To handle these complexities, there exists few Web Mining Techniques the use of which depends upon the experience of the Mining Service provider.