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Precious metals: ‘I can get it for you wholesale’

Posted on 30 October 2008

From Hardassetsinvestor.com: Despite the recent swoon in precious metals prices, it seems there’s still a dearth of physical gold and silver available for retail investors. Those lucky enough to actually acquire bullion or coins in their local markets complain about paying inflated premiums.

Meanwhile, warehouse stocks of gold and silver seem plentiful. A lot of theories abound for this seeming anomaly. But let’s be realistic. There’s always been a difference between the retail and wholesale markets for metal. Most of the world’s bullion supply is in commercial-sized bars, after all. It’s called a wholesale market for a reason….. Full Article: Source l


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VRS - who has written 39533 posts on Opalesque Commodities Briefing.


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