Perth Mint Being Investigated for Money Laundering
Auditors say the mint failed its due-diligence on Euro-Pacific customers and suggests the refiner sold or is holding precious metals of “tax cheats, kleptocrats and foreign criminals”.
Auditors say the mint failed its due-diligence on Euro-Pacific customers and suggests the refiner sold or is holding precious metals of “tax cheats, kleptocrats and foreign criminals”.
Slowing demand likely caused by excessive premiums resulting from last year’s supply chain and production problems
The global economy is shifting back towards some form of a gold standard while the Federal Reserve is piloting various CBDC projects, new legislation introduced in Congress to block the Fed from issuing individual accounts
Some see the rise in demand by central banks buying gold as a signal that countries that have been bullied by Western economic policies as being eager for an alternative system that will create a more equitable system and fairer monetary standard.
Having a sizable store of central bank gold provides stability for a nation’s fiat currency, and gives confidence to foreign trading partners
Smart, lower silver premium alternatives to help lower dollar-cost average
Preliminary data shows that silver mine output increased by 4% global last year.
While SpaceX is currently the leading company in commoditizing space travel, a new startup is preparing to launch a prototype demonstration outer space refinery.
Both the Perth Mint and the Royal Mint have announced huge increases in year over year sales of precious metals.
Silver spot price deals are an incentive for new customers to buy silver from a dealer that they may not have bought from before.
Smaller dealers that offer a silver at spot price deals use it as a way to earn the trust of a new customer. Showing a new customer the quality of their customer service, allows the dealer the opportunity to contact that customer after the first transaction to show the customer that they offer better pricing than the big guys.