“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 | ContinuedAll Posts Tagged With: "u.s. mint"
No Silver at the U.S. Mint
I had just gotten off the phone to find out why the silver I ordered last month has not arrived, and I get some runaround about how there is no silver to be had to fill my order. Naturally, being familiar with how the supply/demand dynamic works, I call the little clerk a lying piece of thieving garbage, because it is impossible that the market price of silver is going down in an environment of zero supply and obviously rising demand!
September 16th, 2008 | Mogambo Guru | 1 comment | Continued