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<p>[QUOTE="The_Cave_Troll, post: 374559, member: 1674"]Those who drive the market in generic gold (the big telemarketers) are buying a lot of product back from their clients who are taking their profits from the uptick in gold over the last couple of years, therefore they have tons of coins and are not buying from the producers because they have their own coins to resell. This leads to lower prices.</p><p><br /></p><p>Additionally the advent of CAC has caused generics to be very weak because it is the segment of the market that has seen the most gradeflation. Therefore there are very few CAC quality coins in generic gold field and as people demand more and more CAC product there is less and less support for the non-CAC generics.</p><p><br /></p><p>With very few exception the generic gold market is getting killed at the moment. Saints in 64 can be had for less than $200 over melt and 63's are less than $100 over melt. This is a fairly good opportunity to buy generics because at some point the marketers will exhaust their supplies and begin ordering again and the premiums over melt will return.[/QUOTE]</p><p><br /></p>
[QUOTE="The_Cave_Troll, post: 374559, member: 1674"]Those who drive the market in generic gold (the big telemarketers) are buying a lot of product back from their clients who are taking their profits from the uptick in gold over the last couple of years, therefore they have tons of coins and are not buying from the producers because they have their own coins to resell. This leads to lower prices. Additionally the advent of CAC has caused generics to be very weak because it is the segment of the market that has seen the most gradeflation. Therefore there are very few CAC quality coins in generic gold field and as people demand more and more CAC product there is less and less support for the non-CAC generics. With very few exception the generic gold market is getting killed at the moment. Saints in 64 can be had for less than $200 over melt and 63's are less than $100 over melt. This is a fairly good opportunity to buy generics because at some point the marketers will exhaust their supplies and begin ordering again and the premiums over melt will return.[/QUOTE]
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$5 indian prices???
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