Lots Of Physical Buying While Paper Sells Off

To participate in the forum you must log in or register.

Author	Replies: 2 / Views: 1,339
Danester Valued Member United States 213 Posts	Posted 09/27/2011 1:48 pm Lots of Physical Buying while Paper Sells Off..... "What we want to be clear about is this: while the paper selling in gold and silver has been intense, so too has the physical buying. Lisa Sprott of Sprott Money announced Friday: "We have completely run out of physical silver, so we are temporarily out of stock." At KDPM, all of our premiums on silver coins were raised Friday because the market is so tight (in short supply). We have access to silver, but demand is once again overwhelming supply in the short-term. We expect premiums to go up again on silver and gold due to intense buying and lower supplies." Read complete article. http://www.financialsense.com/contr...er-sells-off Report this Post to the Staff

junior e Pillar of the Community United States 931 Posts	Posted 09/27/2011 4:57 pm Everything I see online is that it is a buying frenzy. Even some of the analysts on CNBC that have poo-pooed PM's for months are indicating that it is a good time to buy because Europe is warming up the printing presses. Some are even calling for $2000 gold in the near term. Crazy times for sure. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 10/05/2011 08:38 am Trading IOUs and agreements back and forth causes short-term prices, but over the long haul, there is a demand (or lack of) for the PM. They're either needed, or not. Report this Post to the Staff
	Replies: 2 / Views: 1,339

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.21 seconds to rattle this change.