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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (42533)	4/13/2013 9:24:29 PM
From: KyrosL	3 Recommendations Read Replies (1) \| Respond to of 48092

I think he means buyers and sellers at dealers that both sell and buy from retail customers. Of course, the dealers buy their supply from mints or other wholesalers, so you are right, if those are included, there is a buyer for every seller. Here is a popular PM site: tulving.com Lots of "sold out" especially in silver. And mostly premiums over spot for buying your coins.

To: orkrious who wrote (42533)	4/13/2013 10:12:02 PM
From: benwood	3 Recommendations Read Replies (2) \| Respond to of 48092

I don't know what his metrics are... he cited an earlier case of a more lopsided ratio. You're right about buyers versus sellers, but that isn't actually the way it always is. It's possible to have 1000 sellers and no buyers on the NYSE -- he market maker could simply be the buyer. With e.g. Tulving, you could have 100 people asking to buy versus 1 selling, yet most buyers don't get anything at all. Or one sells 50 and 50 buy 1. But regardless... I've yet to see much correlation between "stunning" KWN and later events. Hard to argue with his comments about GS, however. But I also could have said the same thing about Russ Winter, Doug Noland, and Bill Fleckenstein et al in '05 and '06, but then in '07 stuff started to happen. But many of us knew they were right all along. I don't know if what he says will happen actually will; but I do know that some big stuff will be happening in the next few weeks/months/years. The system is worse than unstable -- it is fraudulent at so many levels. Noland's recent piece I think is more useful in understanding perhaps why gold is lower now. He contends it is due to a fundamental failure of policy, the first crack (gold and other commodities). Noland is well grounded and worth reading, esp. since he is marginalized by the crooks and idiots.