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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Mike M2 who wrote (42571)4/14/2013 9:24:54 PM
From: Anchan  Read Replies (1) of 48092
 
Mike, you quote "... so when people actually start asking for it and they want the physical, then there is a divergence of the paper price versus the physical price, and we are seeing that right now."
Here in Japan, one of my local dealers has these gram/kilogram prices for physical bullion gold (coins being priced higher, of course), and they seem to be the same as spot "paper" gold:
Today (Monday morning now in Tokyo)
gold.tanaka.co.jp

As you see from the above, there is no big margin between buying and selling bullion. And as I know from recent experience, no problem getting bullion gold delivered immediately (though I prefer the tighter buy/sell margins available from Sumitomo sumitomo-gold.com.

Would the situation be that different in the Americas?
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