0:00 - Introduction to The Perth Mint9:13 - Shortage of gold & silver?19:06 - Unallocated, allocated, and pool accounts23:24 - Metals inventory30:07 - Precious metal borrowings32:07 - Insurance, working stock management39:03 - Outlook on the precious metals markets
Richard Hayes, CEO of The Perth Mint, discusses with David Lin, anchor of Kitco News (https://twitter.com/davidlin_TV), why speculations of a shortage of inventory at The Perth Mint are wrong.
Does The Perth Mint have enough metals to cover unallocated, allocated, and pool accounts? "Categorically yes," Hayes said.
The Perth Mint is "an integrated precious metals refiner, fabricator and secure depository suppling precious metal related products and services" and is one of the largest precious metals Mints in the world.
Follow David Lin on Twitter @davidlin_TV (https://twitter.com/davidlin_TV)Follow The Perth Mint on Twitter @perthmint (https://twitter.com/perthmint)