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**Jxmwzgpv** · 08-09-2011, 05:31 PM

I was at Perth Mint's Bullion desk today to check out the queue. Staff are really busy. Lots of people buying & selling gold, quite a number of asians. People are also selling used jewellery second-hand to the Mint because they offer a higher price over outside shops.

Just remember, you need to bring passport & driver licence to buy gold/silver > $5000. Settle in cash (card up to $1000)

For those selling > $5000, bring your driver licence & a recent utility bill in your name/address and your bank account number to put the money in. (cash payment up to $1000).

Physical gold does not earn any returns in storage. It helps only in crisis. There are at least 4 other ways to invest in gold. (see article above) In this case, we are sitting on QE3 (in whatever name the US want to put it) and stagflation + recession.

08-09-2011, 05:31 PM	#2
Jxmwzgpv Join Date Oct 2005 Posts 434 Senior Member	I was at Perth Mint's Bullion desk today to check out the queue. Staff are really busy. Lots of people buying & selling gold, quite a number of asians. People are also selling used jewellery second-hand to the Mint because they offer a higher price over outside shops. Just remember, you need to bring passport & driver licence to buy gold/silver > $5000. Settle in cash (card up to $1000) For those selling > $5000, bring your driver licence & a recent utility bill in your name/address and your bank account number to put the money in. (cash payment up to $1000). Physical gold does not earn any returns in storage. It helps only in crisis. There are at least 4 other ways to invest in gold. (see article above) In this case, we are sitting on QE3 (in whatever name the US want to put it) and stagflation + recession.
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