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