I think I'll "worry" about $10,000 gold when we get there, not a moment before.
Anyone know how much gold the Perth Mint holds outside of TBR and RND's stash?
According to Bloomberg data ETFS Metal Securities Australia Ltd - ETFS Physical Gold (Australia's largest physical gold ETF has total assets (on 26/7) of A$462 million.....I'm not sure if that includes other precious metals or not). The gold in this ETF (code ASX:GOLD), according to what I've read is held in London vaults under a custodian system.
http://www.bloomberg.com/quote/GOLD:AU
TBR and RND are fast becoming the biggest gold bank in Australia. Eshmun
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