I suppose that's a slightly more inventive way of not selling at current prices as opposed to simply closing up shop like some dealers are currently doing :lol:
Very possible, these fluctuations are crazy, so much for increased margin requirements "stabilising" volatility. Its a joke.
I've noticed that some of these shopping cart sites are limited in the way they can respond to price feed changes. They aren't designed to have a constantly changing base price, or to be able to politely notify users that volatility means they cannot place an order. Perth Mint's site seems to do that part pretty well.
May be the children having a bit of fun in the office. Since the government also looking the records of total sells lot of tax to pay.
I was waiting for BB to drop and reflect the low just lately - and no luck - perhaps a dollar or two drop on their physical vs spot. Meaning premiums went from perhaps 12% to over 20% as the price dipped. Looking elsewhere I couldn't find much dropping down to below 15% on coins. Perhaps the dealers understand the difference between paper price after margin calls are raised, and premium that the people will pay. This is from survivalblog.com - a favourite and very informative read of mine:
By the way, I'm in the UK now and I've been keeping an eye on the various sovereign sellling shops around. there are 'We Buy Gold' signs everywhere, but few selling coins. Most are pawn shops where the best of the sold jewellery seems to be on sale and marked up. At one outlet, sovs were on sale at GBP 300 last week before the drop (around AUD 480 ). Yesterday - after the drop - price had gone to GBP 360 (AUD 567) Said it was because all the 300 sovs went so quickly when the Greece news hit. He had sold 1 that day at 360.(!!) BTW at GBP 300, his buy back rate on sovs was GBP 65 (just about worth lurking at the shop door waiting or sov sellers at that rate lol) Bless silver stackers! This seems to me to confirm even more strongly that safety in gold (in UK at least) is still popular - popular enough for sellers to ignore spot prices and just charge what the market will bear - and in this case, it seems it will bear a lot. (p.s. This is anecdotal - I might just be living near a group of very, very greedy pawn shops)
I just got emailed every invoice i've ever placed with them telling me they have just shipped, dating back to well over a year ago.