(Reality) Check, Please!
By Jon Nadler
Nov 13 2008 4:25PM
Today's quantum of solace for the precious metals markets was found in Japan, where sales of platinum bars rose to a record in the wake of sub-$1K values, and in a Morgan Stanley forecast for gold to reach $1K...in 2011 on falling mine supply. What happens in the interim, we were not told. Oh, and in case you missed it, Kitco's product page once again has gold and silver coins and bars for sale, at close to normal premiums. Because, you know, products are nowhere to be found, at any price, and because the sinister mints are trying to prevent you from acquiring any of their profitable small investment items. While we cannot estimate how long the current supply will remain up for sale, it is safe to say that the pipeline for such products shows all of the signs that it is not broken, frozen, or dry. Caveat Ebay and various other 'auctions' emptor...
kitco.com |
