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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.87-0.8%Nov 13 4:00 PM EST

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To: TobagoJack who wrote (41820)10/26/2008 10:47:08 AM
From: KyrosL1 Recommendation  Read Replies (3) of 217752
 
>>Ironic too is the huge "shear" between the price of "paper Gold" on the futures markets and the almost total unavailability of physical Gold in the REAL markets. Gold of any nature, whether bar or bullion or numismatic coin, is all but unavailable at ANY price and has been so for nearly three months now. And when it is available, the prices being asked by the sellers bear no resemblance to the prices being quoted in the futures markets. A cursory glance at the US site for eBay ...<<

Looking at Ebay to figure out the gold physical market is ridiculous. There is plenty of non-coin physical gold available for purchase at around $30 over spot, if you are willing to buy bars. The lack of coins can be explained simply: J6Ps all over the world panicked and cleaned out the coin inventory, and the mints are not willing to expand production, knowing that this demand will disappear in the not too distant future.

tulving.com
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