This gold price is getting....................................

Discussion in 'Gold' started by browski, Apr 3, 2013.

  1. blesbok

    blesbok Member Silver Stacker

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    :lol: @ pro$pector
    The bit of spare cash I have right now a matchbox model truck would suite me just fine :)
     
  2. CIRRUS

    CIRRUS New Member

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    I'm just hoping the prices stay low this summer so I can spend the next few months putting my surplus into Au and Ag to build up a bit of weight.

    Dealers in Europe still have stock so I've no problem getting coins or bars. But I'm rather taken at the moment with the value on the BullionVault market - which will make it easy for me to sell quickly when the time comes and prices are high.
     
  3. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    I don't understand when people say this.

    It's the paper price, but it's also what determines physical price.

    So how are they any different?
     
  4. Phiber

    Phiber Well-Known Member Silver Stacker

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    People imply that one day the paper and physical prices will be two different prices... until it actually happens I won't be really convinced either.
     
  5. Peter

    Peter Well-Known Member

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    Sometimes there is a rush to buy gold and it is in short supply.
    People are willing to pay more, a good bit more, for gold in the
    Hand rather than on order or as paper.
    Ive seen this with silver and gold a few years ago.
    Then physical is very different to spot.

    There might be a time your glad to pay spot plus 50 percent for bars.
     
  6. Midnight Man

    Midnight Man Member Silver Stacker

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    I will say at the outset that I know what you meant by your comment - and I am sort of playing a "devil's advocate" here, but the prices are already different now... or I'm buying from the wrong sources... if anyone here can point me to a place where I can buy physical gold or silver at spot price, I'd love it!
     
  7. JulieW

    JulieW Well-Known Member Silver Stacker

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    Some reports on the interwebs are talking about increasing premiums and scarcity of physical PMs. I doubt it has much effect at our levels but talking 400oz AU bars may be a different case entirely.
     
  8. pro$pector

    pro$pector New Member

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    Normal backwardation has existed in silver before, it will again.
     

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