Physical gold still selling for $1500/ounce and silver 27/ounce!!!! | |
Canada Rules (OP) User ID: 29188606 Canada 04/20/2013 02:31 PM Report Abusive Post Report Copyright Violation | Gold is selling at $1500/ounce. All bars 10z and over are sold out. Only overpriced gold coins are available for sale. What does this mean??????????? Quoting: Canada Rules 29188606 [link to www.scotiamocatta-estore.scotiabank.com (secure)] My bad 1oz and over not 10oz. This is insane people. |
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Anonymous Coward User ID: 30728507 United States 04/20/2013 03:10 PM Report Abusive Post Report Copyright Violation | HOWEVER when I looked, Canadian rounds were not even available Thursday at kitco's website - that is a new one as far as I know. Their inventory looks like it got demolished. They have them again now, but you still have to pay $30 an ounce. So to me, prices are pretty much unchanged from eight months ago. It's like there is a new divergence between paper contracts and physical bullion now. That was predicted by the experts for YEARS. Now they are finally right, for the time being... That is almost a $7 premium for physical silver ounce which is the highest I have ever seen it. You could buy a Canadian Maple leaf for $10 total for a while back in 2009. Now the new premium is almost $10!!! Wow. |
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