Message:

<p>[QUOTE=&quot;Rono, post: 426553, member: 6492&quot;]Howdy,</p><p>&nbsp;</p><p>This is both bullion and coins, and they overlap so please forgive.&nbsp; </p><p>&nbsp;</p><p>All summer I&#039;ve been buying gold and silver coins and bullion and in recent weeks, as the price dropped, have increased my pace.&nbsp; &nbsp; In silver I&#039;ve been buying ASEs, 10 oz bars and world silver crowns.&nbsp;&nbsp; 10 oz. bars in name brand stuff (E or J-M) are almost impossible to find other than ebay. I ran my local coin shop (large outfit) out of them.&nbsp; This has really driven the premium up on these.&nbsp; Recently I&#039;ve been buying 90% US junk silver.</p><p>&nbsp;</p><p>In gold its been world type&nbsp; - both modern and older as I already owned some AGEs.&nbsp; The world gold type and the silver crowns were both for the beauty, interest and history and this is one way someone can be both an investor and a collector although I know the purists will disagree.&nbsp; However, the pillar dollar I bought is a history lesson in itself for my grandkids and its cool and its silver.</p><p>&nbsp;</p><p>Anyway, as the price has dropped in recent weeks, the lines shifted from selling to buying at my local store - in a major way.&nbsp; They&#039;re now running out of most items and any order of size is backordered.&nbsp; Several weeks ago, I got an email from apmex telling me to be patient with any bullion orders as they were experiencing supply problems.&nbsp;&nbsp; If you go to their website check out the various categories for supply, other than a few items out front, the cupboard is bare.&nbsp; Just this morning they&#039;ve got some smaller sizes of 90% available, but nothing in ingots or rounds.&nbsp;&nbsp; They do have AGE&#039;s but apmex has a surcharge on credit card purchases so extend the pricing.</p><p>&nbsp;</p><p>Anyway, I decided that I needed some more AGEs and got on the phone yesterday to call all the Coin World listees and I rec&#039;d three &quot;out of stock&quot;.</p><p>&nbsp;</p><p>Now all I was wanting to buy was 10 2008 AGEs.&nbsp; This is a large buy for me, but not a large buy.&nbsp; I finally got to Sims and she told me to wait while she checked on their supply.&nbsp; Came back and said if I would take 2008&#039;s and some mixed years, she could fill my order.&nbsp; At $848 btw.</p><p>&nbsp;</p><p>Folks, this is a major bullion seller.&nbsp; It&#039;s the same all over.&nbsp; I bought the last helvetia from my local dealer and while they&#039;ve got some pretty stuff in the case, it&#039;s about all they have.&nbsp; </p><p>&nbsp;</p><p>And yet the POG and POS keeps dropping and supply keeps drying up.</p><p>&nbsp;</p><p>I&#039;m not much of a conspiracy type, but this is a serious disconnect between the paper bullion and real bullion market that I&#039;m having a tough time figuring out.</p><p>&nbsp;</p><p>peace,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in