The perth mint; more gold than the us goverment?

While the perth mint which is located in australian and manufactures coins such as gold, silver, platinum, colorized, commortives, and jewlery, and anything you can think of, if you have watched the tour video you would see that they have a pretty strong foundation on gold.

While the us goverment stores some of its golds in fort knox, a military base located in kentucky, once in pre-korean war era you could get up close to it, now only vewable from the highway without military clearence, it stores the united states goverments' silver, gold, precious documents and more.

The perth mint also sells blank rounds in various metals to different countries, even the united states!

The perth mint stores some of its gold in banks such as london, switzerland, and many other european secure banks so that when investers want gold, the perth mint has it on demand ready. The perth mint produces one of the most collectable series in numismatics, the lunar series. Along with us programs such as state quarters, american silver eagles, national parks quarters, etc. The lunar series is very collectable, it comes in gold and silver.

The lunar series has tons of collectability and if you find the sets put together they definatly can bring in a big premium. The perth mint has tons of historic gold nuggets, bars, ancient australian/british goverment speciments, aswell as tons of historic documents to tell the stories of the peices.

The house some of the worlds largest gold bars, and in the tour of the perth mint you get the oppurtunity to hold gold bars, see a gold melting, watch coins being pressed, rolled, and struck, and you also get acess to a australian brunch in the perth mint walls. There is no doubt that the perth mint has the highest quality of coins, precious metals and hospitality, and would be a oppurtunity of a life time to go to the perth mint.

But the us goverment has not independently auditted how much gold is in fort knox since the ike administration. This isnt confirmed, but alot of professional investors and numismatists seem to think that, meaning the official amount, weight, purity, and value of the gold in fort knox has not been accounted for in nearly 50 years.

So my question is to you guys:

Does the US goverment have more gold than the perth mint

Im asking the whole goverment, just not fort knox, so the us goverment vs JUST the perth mint. Keep in mind the perth mint has tons of gold stashed away in multiple european countries.

 

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No axe to grind here.......

 

Whats that mean

 

Big plug for the Perth mint. You be Australian?

 

Nope, i live in the us lol, i just find the perth mint very interesting

 

Have to say that I find 'em quite interesting too....

 

If anyone is interested in a information video about it:

http://www.youtube.com/watch?v=SUIMvT0VED4

 

The Perth Mint [YouTube video link]

The Key to the Gold Vault* -- New York Federal Reserve

[*link is a PDF file]

 

Beat me to it, but mines bigger, LOL!

 

Yea, the us goverment has tons of reserves storing gold but just keep in mind, the perth mint has tons of banks as i mentioned all over europe with gold.

 

"thats what she said"~ Michael Scott

i find that info very interesting hunt. i knew of the perth mint, but not that they were that big. well... i knew they were big, but not big enough to be in the same sentence as the us government.

did you ever watch the special on the history channel about fort knox? i forget the name, but its the history of it and up to present day(well up to a few years ago when they made the show). its crazy that they only let civilians in one time, and that was just a few selected reporters. they did it just to shut up the conspiracy idiots that said we had very little gold.

i am now going to watch that perth mint video, thanks!

 

One thing to note, the Perth Mint is owned by the Western Australian Government. I can't remember what the exact details are but a fair bit of WA's gold and silver are refined by one of the divisions of the mint. Hence, it seems that the Perth mint has a lot of gold and silver - in reality, you can say it's one massive refinery merged with a mint.

If I am not wrong, they do not strike circulating coins.

 

Been goofing around with that line for years... that famous bit of innuendo has been around long before the invention of Michael Scott and pre-dates the 1990s in casual humorous use, just not necessarily televised use nor FCC permissibility. If anything, that fictional TV character's use of that bit of overt sexual innuendo indicates a certain cultural acceptance in mainstream media of sexualized language takes from greater everyday use, hence the mind-numbing cliche of corporate culture itself, The Office. Art (if you can call it that) imitates life.

 

lol

 

The vault in Ft Knox was opened during the Nixon Administration I believe. It is not, however, the largest holdings in the US, New York is. There are others as well. I have seen The Ft. Knox depository from inside the base. Even inside the base you cannot get within 1,000 feet of the perimeter security. I seriously doubt the Perth mint has anywhere near the gold of the US government. The US didn't even want as much gold as we currently hold, but had to during gold mining boom times to help absorb extra metal and prevent the price from plunging.

Btw, our gold holdings are audited by the GAO, one of the few governmental agencies I would trust. They are willing to take the heat for unpopular decisions, and would speak up if something were amiss. There are some conspiracy theories you can get me to take the time and contemplate, but not this one.

 

But not all the gold in the vault at the NY Fed belongs to the US govt. It is kept there for other nations. Have a look at the PDF file in the post I made earlier that is distributed from the NY Fed about the gold vault.

 

yea, i know its way way older then even my grandmother. i was tired and was suppose to write "~end michael scott voice". as if it was him who said it.

 

:thumb:

 

Yep Krispy , I read about that a few months ago. The representative in the interview responded to the question if the US has such and such amount of gold and the answer was yes but they would not confirm that the US owned the gold.
Another thing I find weird is that showing photographs or videos of gold bars in Fort Knox certainly does not prove it is gold when you consider the recent fiasco in Germany I think where they were dealing with gold plated lead bars.