Money Metals ExchangeA CUSTOMER ASKS:
I've heard a buying frenzy over the past month has caused shortages and shipping delays in both gold and silver. True?
It is true that gold sales have risen sharply, just like silver, in the past month. However, we have seen no signs of tightness in the retail gold market with the minor exception of newly minted one-ounce gold bars.
That could change, but right now there are no problems sourcing ample gold inventory to meet rising investor demand.
As our frequent
podcast guest Steve St. Angelo pointed out on his fabulous SRSRoccoReport.com website, sales of Gold Eagles by the U.S. Mint have gone through the roof in early July as compared to all prior months this year.
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