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Proof that Physical Metal is bought out, from Forbes check it out ! Titled "The Disconnect Between the Physical and Paper Gold Market"
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A massive price decline in gold is not news in and of itself, the precious metal markets are notoriously fickle. What is news, however is the large disconnect between precious metal paper prices, and the continuing boom in the buying of physical gold and silver in the form of bullion and coins. The futures price free fall notwithstanding, small to medium-sized investors still want to own. Just as gold and silver prices were hammered,
U.S. Mint bullion coins were doing a brisk trade. According to CoinNews.net sales of gold bullion coins rose a whopping 39.6 percent last week, compared with the previous week, while American Silver Eagles saw a 10.8% increase. Gold coin sales for April have already reached 57,800 ounces, approaching total sales for March before the month is even half over.
[link to www.forbes.com]
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