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You are invited to engage with senior representatives of The Perth Mint, including CEO Ed Harbuz, on The Perth Mint Bullion Blog. Use the comments section to post your views and/or questions in response to our regular articles, and join a vibrant community of people who share an interest in superb quality gold and silver bullion bars and coins.

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Chinese Gold Demand Predicted to Rise

Topics [ buy silver bullion online buy gold bullion online ]

RESEARCH AND ANALYSIS

China’s demand for gold is expected to grow by around 20% over the next few years, according to the World Gold Council.

Last year Chinese consumers bought 1,132 tonnes of gold in jewellery, as well as gold bars and coins.

That is likely to rise to 1,350 tonnes by 2017, the Council said in a new report, citing a number of drivers such as government policy and a rapidly expanding middle-class.

Liberalisation of the gold market in China began in the late 1990s with gold bullion products first offered by local commercial banks in 2004.

With rapid urbanisation, China’s middle-class could top 500 million people by the end of the decade, a significantly larger number than the current population of the United States.

"The cultural affinity for gold runs deep in China and when this is combined with an increasingly affluent population and a supportive government, there is significant room for the market to grow even further,” said Albert Cheng, Managing Director of the Far East at the World Gold Council.

China is the world’s largest consumer of gold since overtaking India last year.

WGC Report: China's gold market: progress and prospects



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In Conversation With Great White Shark Coin Designer

Topics [ silver bullion coins buy silver bullion online ]

BULLION BARS AND COINS

Interview: Natasha Muhl is the creative force behind the 2014 Great White Shark Silver Bullion Coin.

 

Where do you get your inspiration from?
I’m from the Kimberley in the North West of Western Australia, so I spent a lot of time outdoors in nature growing up. This would probably be my biggest inspiration, especially when it comes to designing Australian fauna-themed coins. While doing my research for any new series, I tend to look at a range of photography and watch nature documentaries. This helps me to accurately recreate the animal. I also take inspiration from coin collecting catalogues and numismatic magazines, as it’s always great to see what other mints are up to and keep ideas fresh.

How do you start the design process?
The Perth Mint Sales and Marketing team meet fortnightly to discuss potential concepts for each coin program. Once the theme has been determined, the designers are given a detailed creative brief to follow. As part of the research process we often take part in field trips. With the Great White Shark bullion coin for example, I visited the Aquarium of Western Australia and dived with a range of sharks. It was wonderful to come face to face with these amazing creatures and it really helped steer my creative process.

What are some of your favourite coins?
There are so many to choose from, but I would have to say The Perth Mint’s Famous Ballets Silver proof coin set, with its subtle pad printing details, is one of my favourites. More recently I’m really enjoying the Gods of Olympus series which is struck in high relief to a rimless format – a first for the Mint! These mythological gods are quite dark and moody so it is an exciting concept for the design studio. They have also proven to be extremely popular with collectors which is always great.

How did you get into designing coins?
I studied at Central Institute of Technology [in Perth], graduating with an Advanced Diploma in Graphic Design in 2009. Fellow Perth Mint designer, Tom Vaughan, was a previous classmate of mine and he kindly recommended me to the Mint when they were looking for a new illustrator. It’s always been my dream to become a designer, so I feel very fortunate to work for The Perth Mint as I get the chance to illustrate a broad range of themes for a variety of audiences.

Why a shark instead of another sea predator or animal?
The Great White Shark is probably the most feared and interesting predator in existence. Most people around the world have watched the movie Jaws and can imagine the terror of an encounter with this deadly creature. I think that’s what makes them so exciting and sought-after.

Originally posted on The Official APMEX Inc. Blog



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Perth Mint Releases Awesome Great White Shark Silver Bullion Coin

Topics [ buy silver online silver bullion coins buy silver bullion online buy silver where to buy silver ]

BULLION BARS AND COINS

Few other creatures rouse such awe, fascination and fear in humans than the Great White Shark. A predatory inhabitant of the world’s oceans for millions of years, the torpedo-shaped animal with its characteristic conical snout grows to six metres and more in length. Armed with rows of terrifying serrated teeth and formidable jaw strength, the Great White can ambush its prey from below with ferocious power. Despite an often fraught relationship with mankind, the Great White Shark plays a vital role maintaining a healthy balance within the marine ecosystem.

 

In tribute to this awesome animal and its prevalence in popular culture, The Perth Mint has released the 2014 Great White Shark 1/2oz Silver Bullion Coin. Portraying an ominous impression of one of the world’s most deadly predators, the Australian legal tender coin is struck from 99.9% pure silver with a maximum mintage of 300,000.

 

The Great White Shark 1/2oz Silver Bullion Coin is available in multiples of 25, which come in protective acrylic tubes.  A purchase of 20 tubes (500 coins) is housed in an additional ‘monster box’.

 

Volume discounts

These coins are sold with attractive volume discounts for silver bullion coin investors. Full details of volume discounts for customers in Australia can be seen at www.perthmintbullion.com.

Worldwide sales outside Australia are handled exclusively by www.apmex.com.



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Infographic - Unearthing The World’s Gold Supply

Topics [ gold prices buy silver bullion online buy gold bullion online gold mining ]

RESEARCH & ANALYSIS

Where does gold come from and how much is actually left? Check out Part 2 of the Gold Series of infographics from Visual Capitalist.



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Monthly Sales – March 2014

Topics [ gold minted bars buy silver online buy gold online silver bullion coins gold bullion coins ]

STATISTICS

Total ounces of gold and silver sold by The Perth Mint in March 2014 as coins and minted bars.

 - Gold (Au): 30,177

 - Silver (Ag): 545,165



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Gold Price Predictors Raise The Bar

Earlier this year Bron Suchecki suggested the LBMA’s Precious Metals Forecast Survey was an effective gauge for anyone pondering the likely direction of precious metal prices. After analysing annual predictions since 2007, he said historically, the LBMA forecast has been quite accurate.”

Every year, contributors are asked to consider the likely trading range of gold, silver, platinum and palladium, and predict an average price for each metal during the coming year.

The LBMA certainly makes sure that the annual Survey reflects some of the best thinking available. Before being accepted onto the panel, analysts are judged on “a combination of relevant expertise, the analytical and forecasting ability of the individual concerned, as well as the reputation and standing of the institution they represent.”

Now the LBMA has published a league table revealing which of these individuals have been the most successful over the years.

“This is the precious metal market’s equivalent of the English football Premiership where three clubs, Arsenal, Manchester City and Chelsea are currently vying for top spot,” it said. (In fact there are four - Liverpool has made a late dash up the ladder).

As soccer players focus on silverware in the form of the Premier League trophy, contributors to the LBMA survey can win gold. Four 1oz gold bars are awarded each year to those forecasters whose predicted average comes closest to actual average price for gold, silver, platinum and palladium.

Ross Norman (Sharps Pixley), Philip Klapwijk (Precious Metals Insights) and Rene Hochreiter (Allan Hochreiter) are the form players right now with an impressive five 1oz gold bars each. Each one has raised the bar, so to speak, when it comes to precious metal price forecasting! It will be interesting to see how they go in 2014.

There’s plenty more talent coming through the ranks, however. For more insights into the best LBMA Survey’s best performers, click An Historical Review of the LBMA’s Precious Metals Forecast Survey.



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