I have been to many coin/bullion dealer websites today and have noticed that physical coins/bullion is in very limited supply for Gold and is non-existent for Platinum. Despite the paper market telling us differently, the physical availability is extremely limited. I can only come to the conclusion that the leveraged gold/silver/platinum paper market is in real trouble as they are trying to beat down the price so they can grab up any physical supply that may be left. I may attempt to buy some additional physical coins later today if available, but something just doesn't feel right. Either we are in for a huge drop, or we are in for a massive pop to levels that most would think unbelievable. It looks like the war of the central banks is about to go full force, and they don't plan on taking any prisoners. Good luck whatever your investment choice.
If I can't supply your gold needs then maybe the US Government will
I know Gold is scarce. No one can get it HAHAHAHAHA
LOL. I guess the sales world has been doing that for the last 10 years then as gold has been in nothing but an uptrend. I suppose we should all just believe that today that run is suddenly going to stop. If you have more gold than you can handle, then I suggest you take a trip to China and set up shop. I figure your supplies will last all of about 30 seconds. But keep telling us you have more than you can handle - It's very entertaining.
Apparantly you don't know how to read. The first sentence from my initial posting:
I have been to many coin/bullion dealer websites today and have noticed that physical coins/bullion is in very limited supply for Gold and is non-existent for Platinum.
Thanks for trying :)
Singapore has to enlarge their vaults where they keep their Gold. They DO NOT keep it in Banks.
They pay appx 1 % of the amount of Gold to store it each year. They are almost full thus the
expansion. They are very wealthy in Singapore and get not get ahold of Gold soon enough.
Every wealthy person is acquiring Gold. Wealth preservation is very important.
You must be one of those stick your head in the sand shorts. My claims on the shortage of physical coins and bullion can be easily verified by going to any number of the large dealers that sell online. You can ignore the obvious if you want to, but there is no doubt there is a battle going on right now between those that want the physical metal and the leveraged paper shorts.