Why purchase this 20 gram Gold Bar featuring the Perth Mint Logo?
Following the gold rush of the early 1890's in Western Australia, the Perth Mint was established in 1899. More than a century later, the Mint is world renowned as a manufacturer of high purity precious metal bullion products, struck with incredible attention to beautifully detailed images with a variety of dramatic finishes that are consistently sought after by numismatic collectors and investors. This gold bar is produced with the Mint's high-quality standards, struck from 0.643 Troy oz. of .9999 fine gold measuring 30 x 20 mm with a thickness of 2.2 mm.
Design of the Perth Mint Gold Bar
The obverse features the Perth Mint's distinctive logo of a majestic swan, encircled by the inscriptions "THE PERTH MINT" and "AUSTRALIA." The specifications of the bar are inscribed below, "99.99%," "PURE GOLD" and "20 GRAM."
The reverse side of the bar is ornamented with a pattern of diagonally repeating kangaroos, a symbol of the Australian Outback and a common image on Perth Mint coinage.
Gold Bar Sealed With Assay Certificate
The Perth Mint Logo 20 Gram .9999 Fine Gold Bar is sealed in a tamper-proof assay card printed with a Certificate of Authenticity featuring a unique serial number as well as the signature of the Mint's chief assayer certifying the gold purity and content of the bar.
This beautiful Mint sealed 20 gram Gold Bar adorned with the Perth Mint Logo will make an exciting addition to your precious metals collection!
|Display Weight:||20 g|
|Weight in Grams:||20 g|
|Weight in Ounces:||0.6430 oz|
So if they do raise rates as expected, what effect can we expect it to have on the price of gold?
How solid is Italy’s banking system? If Italy fails, does it take the rest of the EU with it?
A great strategy, destined to fail.
Did you know that the global debt has reached $152 trillion dollars up from $112 trillion just 4 years ago?
And many economists around the globe are saying the global debt crisis has reached a dangerous phase.
The price of gold virtually motionless as the market awaits some news from Federal Reserve chair Janet Yellen’s speech Friday at Jackson Hole.
For my readers who are not familiar with the terms used by the media to explain the mood of the Fed committee, here is how it is described.
With all these problems, has physical gold ever shined brighter? Maybe Ms. Yellen will give us some insight today.
CME reports a 23 percent chance of a rate hike in June and a 59 percent chance in July.
After listening to some FED governors over the past week calling for a rate hike in June, the stage is now set for “The Boss” to share her opinion of what direction the Fed will take at the June meeting.
The day before the minutes were released, the odds of a June rate hike were at 4 pct. probability. Yesterday it was around 24 pct. as reported by Bloomberg news.
Higher oil prices fueling the inflation figures giving some at the Fed some ammo to consider a rate hike sooner than later.
I believe the rally in silver will lose some steam and test the $17.00 level this week.
Silver trying to build a base above the $16.00 level, hoping also that any pullback in this price would be viewed also as a buying opportunity like her big sister gold seems to be enjoying.
So if you follow the comments of Fed chairperson, Janet Yellen and IMF Director Christine Lagarde, they both seem to paint a picture that the economic landscape is a rocky road at best.
Is Janet Yellen losing control of her staff? Does the staff have any confidence she can lead?
After seeing the jobs report this morning, some Wall Street spec traders report going short the June gold contract is an investment they feel comfortable in making.
In order to understand what could happen here in the States, we need to look at where negative interest rates are a fact of life.
Helping support the rally in gold is the nonstop infusion into the gold ETFs. Even silver has joined the party with a big increase yesterday.
Over the years, the word inflation was synonymous with higher gold prices, but in my opinion negative interest rates will have a much more profound effect on the price of gold. As an investor, why would anyone want to pay the bank to hold their money.
Let’s briefly explain how the metals get into the depository. I will use as an example our CME and ICE depository, International Depository Services of Delaware (IDS).
Well today, another Fed chairman emerges from behind the curtain to add his two cents: Richmond Fed Chairman Jeffery Lacker. I guess he felt left out, or Janet just told him it’s his turn to comment on future Fed rate hikes.
As I enjoy taking a contrary position on topics like this, I believe Gold will continue to be well supported at these levels and I don’t believe the data the Fed will look at going forward will give them any ammunition to raise rates at the next Fed meeting.
“Tightening financial conditions driven by falling stock prices, uncertainty over China and a global reassessment of credit risk could throw the U.S. economy off track from otherwise solid course.”
Walter Pehowich is on vacation today and Monday. Today’s commentary comes from Stephen W. Miller, CEO of Dillon Gage Companies.
We need and demand orderly markets in order to attract investment. These crazy comments bring uncertainties to all markets and chase folks from investing in them.
Silver holding her head above water, rallying to $14.495 overnight in the March contract. With the lack of available one thousand oz. bars on the street, we have seen premiums increasing. The question remains, is this a indication of things to come as CME warehouse stocks continue to decline?
It looks to me that the electronic fixing platform for silver is becoming a market of its own with very little liquidity. This can become a serious problem for the world producers, government mints and refiners who have annual contracts selling and hedging their production on the silver fixing price.
As the New Year approaches, it is time to reflect on the events of the market.