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Tarvold

22,027 Posts.

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25/06/24

11:19

Post #: 74475433
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Originally posted by bruceyg: ↑

i find the latest carry on with the mint somewhat bewildering.

they are sacking a heap of people due to, they say, an easing on the sales of gold. i find this to be extremely doubtful as gold sales worldwide are strong.

if gold sales are abating at the mint there most likely are other mitigating reasons such as the requirement to provide proof of id, or too expensive or people just worried that the gold they buy may not be entirely kosher due to the recent hullabaloo over dosing.

something seems not right

https://www.perthmint.com/news/inve...nd-analysis/april-2024-gold-and-silver-sales/

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I don't know why you'd pay a premium to buy physical gold with all the issues with insurance & security.
Rise of electrical ways to invest in gold probably has something to do with it,
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