Silverbug2

SPDR GLD ETF Unloads 79 Tons of Gold - Should Investors Follow Suit?

I mostly buy silver bullion. Silver's gotten hammered too of course. Last week as silver was falling, I called my pm dealer, one of the largest in the U.S., and he told me that delivery of 100 oz bars of Englehard or Mathey were almost impossible to find. I could get Pan American bars, as they are the sole distributor...8 to 10 weeks out because the demand was so high! So, a little reality check, the "paper price" of silver and gold was falling fast last week while American 1 oz gold and silver eagle bullion coins wer very difficult to find/buy as was 100 oz silver bullion buys. There's a disconnect here boys between the Wall Street geniuses and the real physical bullion buying crowd who recognize that only gold and silver are real money. Gold and silver can never go to zero, but how about Freddie, Fannie, Enron, WorldCom to name a few? The physical gold and silver markets are very small by comparison to equities and debt (bonds). In the next 3-5 years if you don't own precious metals, you probably won't be able to afford to but them. BTW, are any of you concerned about the value of the dollar and the TRILLION$ in U.S. debt...and continued Federal bailouts? Where does all this money come from any way?