The Perth Mint is Running a Fractional Reserve Metals Scheme

Perth_Minth_Thumbnails
Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on whatsapp
Share on print

As promised, in this video I’ll go deep into uncovering truths about the Perth Mint.

More over, an analysis of the Perth Mint Financials since 2018 by a chartered accountant shows that the Perth mint is running a fractional reserve precious metals business.

As well, while the Perth Mint is not technically insolvent, they are liquid and subject to the risk of a run on the metals should customers substantially increase their redemption.

Most importantly, here are some highlights:

  • The Perth Mint has lent out a lot of precious metals since 2018, and not been paid for it.
  • Their financials show a deficit of allocated, pooled, and unallocated metals stocks against this lending.
  • If there is a run on the mint, the company cannot meet redemptions with enough metal or cash.
  • The mint is showing a NET SHORT of vaulted metal against customer accounts + lendings.
  • The metal lent is at fair value, indicating a future settlement date, increasing the risk for the mint on a price and liquidity basis.
  • The ETF metals might be used to cover delivery obligations, but their financials are not clear on the matter.

Access our Google Drive Folder with The Perth Mint Annual Report PDF and Perth Mint – AFS Analysis Sheet

Finally, we have a commitment to bring the truth to the people, if you like the content subscribe and hit the bell for active notifications. Our community of Pros is growing, thank you for being part of it!

Cheers!

Join 16K Subscribers In Elevating Your Financial Confidence By Strategically Growing Your Income & Wealth

What’s the #1 most important thing for you to focus on now?
Educate your self on the basics and apply proven techniques to increase your investment success.

Subscribe now, and get a 1on1 call with Robert to discuss your goals and strategies. Plus, get exclusive access to Robert’s Golden Quarterly covering the economy, mining stocks, and precious metals market research that will keep you right where you need to be. 

Only $60 per month, with semiannual or annual options

32

CONFIRMED
FORECASTS

8

FORECASTS IN PROGRESS
AND PENDING

15.2K+

YOUTUBE
SUBSCRIBERS

740K+

VIEWS