The Disconnect Between Supply and Demand in Gold & Silver Markets [View article]
Little bit of historical perspective here. HH stands for Heil Hitler, sometimes these neo-nazis use 88 as it stands for the numerical value of the letter H. So much for that moron, let him/her die in a painfull fashion, I am not the "other cheek" kind of guy. Now some European input, just FYI. All standard 1 oz coins are out of stock except for Krugerrand. Coins with smaller quantity of gold are available but only at relative (relative to before) small numbers. Gold bars are available (Credit Suisse stamped), also in small quantity. I checked yesterday (Friday August 22). Silver I have no idea, I am only interested in gold. Bottomline as far as I see it is that if you are a small investor, 1-10 oz buyer at a time, you can get your phisical delivery, although you have to compromise on the denomination (Kruger instead of Maple for example, or 100 gram bar instead of roughly 3.3 coins), however if you are in the market for a big lump at least through retail channels you are finding it impossible to fill at 1 stop. I am just really curious how some multi-millionaire is going to play this thing, when he wants to diversify out of paper (money, ETF, whatever). Hopefully one day I will be burdened with this problem, hahaha! Good input here by the way.
The Disconnect Between Supply and Demand in Gold & Silver Markets [View article]
Now some European input, just FYI. All standard 1 oz coins are out of stock except for Krugerrand. Coins with smaller quantity of gold are available but only at relative (relative to before) small numbers. Gold bars are available (Credit Suisse stamped), also in small quantity. I checked yesterday (Friday August 22). Silver I have no idea, I am only interested in gold. Bottomline as far as I see it is that if you are a small investor, 1-10 oz buyer at a time, you can get your phisical delivery, although you have to compromise on the denomination (Kruger instead of Maple for example, or 100 gram bar instead of roughly 3.3 coins), however if you are in the market for a big lump at least through retail channels you are finding it impossible to fill at 1 stop. I am just really curious how some multi-millionaire is going to play this thing, when he wants to diversify out of paper (money, ETF, whatever). Hopefully one day I will be burdened with this problem, hahaha!
Good input here by the way.