Gold Silver shortage and Spot Price Complete Disconnect
Alex Stanczyk (October 14th, 2008) Writes:
By Toni Straka
Having blogged earlier on a physical silver shortage and the drying up of gold bullion purchases, recent events in the precious metals markets justify an update that again arrives at the conclusion that last Friday’s silver and gold price plunge on COMEX has pretty little to do with the actual physical investment demand for gold and silver. Tim Iacono had a good post with the headline “Gold prices getting fishier and fishier,” that does away with the myth that the US mint faces unprecedented demand. I stumbled across several more reports that show the ongoing dichotomy between official spot or futures prices and premiums actually paid by investors, if they can get their coins or bars at all.
The British Evening Standard ran a story over the weekend
...800-year-old, Australia, Austria, Bao Tin Minh Chau Jewellery Co, Berlin, bloomberg, Bron Suchecki, Düsseldorf WGZ Bank, Dubai, Evening Standard, financial products, Germany, Gold Markets, Ha Noi, Habsburg palace, Heiko Ganss, Kerry Tattersall, Muenze Oesterreich, Muenze Osterreich, Nguyen Huu Dang, Nugget, Perth, Perth Mint, precious metal, Pro Aurum, Stephan Henkel, Tim Iacono, Toni Straka, United States, USD, Vienna, Vietnam, Vietnam News


![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)



