Small investors are buying gold coins while huge sales of gold bars and futures are occurring. Thus the shortage in coin. They always say that small time investors get in too late and take a beating just when something peaks. Maybe we are witnessing that right now.
"I Has anyone tried to buy physical gold lately? It's getting harder to do, i.e. waiting for deliveries,etc. yet the price was going down?"
Buy it cheap makes an interesting point. I have noticed this too. I wonder if the "smart money" is getting out in bulk (comex bars) while the small investors are piling onto a sinking ship (coins and small denomination bullion). This would explain both.
Gold Speculators Rushing In? [View article]
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Buy it cheap makes an interesting point. I have noticed this too. I wonder if the "smart money" is getting out in bulk (comex bars) while the small investors are piling onto a sinking ship (coins and small denomination bullion). This would explain both.
The International Gold Rush: Bulls May Soon Be Rewarded [View article]