fuzzywzhe

Dichotomy in W. European Gold and Silver Prices

gigem, apparently you don't realize how difficult it is to take delivery. Most brokerages won't let you do this. The fact that you have to buy 5000 ounces for silver and 100 ounces for gold knocks most people out of this market.

Also, dealers don't keep stock other than small amounts. You'd know this if you ever bought gold or silver. When you go to a dealer to purchase a metal, they immediately call a broker, and make a deal with them for delivery.

I'd also like to point out that if every American just bought 1 ounce of silver in a year, that would be the entire years production of silver on the entire planet. It's an extremely rare metal, and people are starting to realize this.