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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST

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To: TobagoJack who wrote (95298)10/7/2012 7:32:17 AM
From: elmatador  Read Replies (2) of 219209
 
Perth Mint is a statutory authority of the government of Western Australia.

the bars, now stamped with the perth mint stamp of purity, are kept at the mint awaiting their call of duty - the owner of the material instructs the perth mint as and when the owner wishes to sell the bars kept at the mint based on the indicated global trading price

Of course the Perth Mint will give you a receipt that you depositied the gold in there.

Leaving the bars Perth Mint is akin to let it at a Central Bank and get printed paper called money in return.

The Perth Mint, being a government entity can be directed -under emergency powers- to pay in AUD the gold that you deposited there -at the price they seen fit- using the guise of a concocted war with Indonesia or Papua New Guinea.

The British - always the British- press and lawyers will write torrents of papers supporting the Australians.

The Wayo in charge must this made public.

Although Federation occurred in 1901, the Mint remained under the jurisdiction of Britain until 1 July 1970, when it became a statutory authority of the Government of Western Australia.

Wikipedia
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