The big problem belongs to the short-sellers of gold, who are finding, suddenly, that “long buyers were demanding in droves” – demanding physical gold bars, when, apparently, there were not enough.
April 14th, 2009 | Mogambo Guru | 4 comments | ContinuedAll Posts Tagged With: "physical gold"
Exhausted Gold Shares
“The price has bounced all over the charts lately, from the mid-$800s per ounce down to $750 and below. The thing is, the ‘paper’ price from gold has just plain disconnected from the price – and the availability – for the real stuff.
October 24th, 2008 | Byron King | 1 comment | Continued