The paper and physical pricing has already diverged in my opinion. If you search eBay's completed listings on Scottsdale Silver 1oz. bars you'll see they are STILL averaging 34-36 dollars an ounce. Demand is raising the price of silver, and you will continue to see it skyrocket in price as demand dwindles. Purchase directly from the dealer to get closest price to spot. Keep on stacking!
Thursday, January 27, 2011
Gold Price down double digit
Absent Gold Investors Wound Gold Prices
NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, says gold is not fulfilling its role as a safe haven asset and lack of investor demand will continueGold break down double digit because gold index -- spot right down more than ten dollars a gold futures are actually flat. Joining me -- Jon Nadler senior analyst at kitco dot com. And done that big decline in the spot price for being with recovered somewhat from overnight -- is that in the -- we've seen from the deal -- this week.
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