The Perth Mint is the ultimate in safely storing gold. We will be looking at the Perth Mint Certificate Program (PMCP).
The Perth Mint Certificate Program (PMCP) is operated by Gold Corporation, an international precious metals refining, minting and trading group wholly owned by the government of Western Australia. The PMCP is the only government guaranteed gold certificate and silver certificate program in the world.
The primary mechanism for retaining your wealth during a major crisis in America is to invest in gold at the Perth Mint in Perth, Australia. It has been around since 1899, and is wholly owned by the Western Australian government. One other reason – it is very far away from America.
You may want to open an account and just park the minimum necessary until you are ready to move most or all of your assets.
The downside of the Perth Mint is that you need $10,000 to open an account. Also, the minimum transaction size is $5,000.
See the Google map of Perth, Australia.
The Perth Mint opened for business on June 20, 1899 as a branch of the Royal Mint in London. It is Australia’s oldest operating mint.
Western Australia’s population was growing rapidly (23,000 in 1869 and 180,000 in 1900) due largely to the discovery of gold in the Kalgoorlie, Coolgardie and Murchison areas of the colony. There was very little money available in Perth for which miners could exchange gold to pay for goods.
Although Federation occurred in 1901, the Mint remained under the jurisdiction of Britain until July 1, 1970, when it became a statutory authority of the Government of Western Australia. It is now owned by Gold Corporation which is wholly-owned by the Government of Western Australia.
Approved Dealers
Perth Mint Certificates are only issued to investors via the international Approved Dealer network. Your Approved Dealer can advise you how to open a PMCP account and purchase a Perth Mint Certificate, as well as liquidation, transfer and lost certificate procedures.
I’m listing one U.S. dealer below. See the website for additional dealers.
Euro Pacific Capital, Inc www.europac.net
4667 MacArthur Blvd, Suite 450 Tel: +1 (800) 993 8350
Newport Beach, CA 92660 Tel: +1 (949) 863 9500
Contacts
Danielle Psarras, Precious Metal Manager
Matt Psarras, Precious Metal Account Executive
Peter Schiff is the president of Euro Pacific Capital. Peter predicted the 2008 housing crisis back in 2006. Check out Peter on YouTube and his website: http://www.peter-schiff.com/
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Thanks for the write up. People should also hold some gold personally. At this moment coin and bar premiums have eased up, presenting a good buying opportunity.