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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.19-0.7%Dec 2 4:00 PM EST

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To: TobagoJack who wrote (38844)8/17/2008 10:47:32 AM
From: WalterWhite  Read Replies (6) of 218145
 
Kitco delays shipments...

IMPORTANT NEW NOTICE: Due to market volatility and higher demand in the entire industry, we are anticipating delays in supply of all bullion products. Please note that you can continue to place orders and prices will be guaranteed; however, cancellation fees will still be applicable regardless of the length of the delay. Consequently once inventory is received there may also be delays in processing and shipping by our vaults.

www.kitco.com

So is this:
A) suppliers holding back production
B) demand outstripping supply (but why the price declines?)
C) shorts (see B)
D) operational missteps at Kitco
E) a trader has hacked into the Kitco site
F) aliens

Ideas????

If things are this dire, may be the time to pass off lead bars with gold paint.
Globe
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