Oh and more, if the government of WA gets into the deep stuff and we are worrying about what could happen to perth mint certs: should we also factor in what might happen to gold mines in the state as well?
gold mines are affected by issues of sovereignty. I could imagine - if you could - a state govt bereft of funds and morals very happily confiscating NCMs gold mines, thank you very much!
Again: no investment is 100% safe, but for some reason people love to pick the eyes out of ETF and gold certs but how often would the wonder about similar aspects of security for bullion/ coins/ gold minimg shares.
perth mint ... how's your unallocated gold..., page-33
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