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<p>[QUOTE=&quot;Rono, post: 574525, member: 6492&quot;]Howdy,</p><p>&nbsp;</p><p>There has been an enormous divergence develop between the paper price of bullion and the street price.&nbsp; Some of the &#039;gold-bugs&#039; feel this is due to some grand conspiracy on the part of central banks and whatnot.&nbsp; feh.&nbsp; I think it&#039;s just a simple case of manipulation by anyone positioned in such as way as is able to manipulate the market.&nbsp; Hell, if I could manipulate the market, I would in a heartbeat.&nbsp; For example, there are more futures contracts for silver than there is silver.&nbsp; You&#039;ve also got a lot of naked shorting (illegal but not enforced).&nbsp; All this can suppress the POG but I still don&#039;t view this as some sort of conspiracy.&nbsp;&nbsp; </p><p>&nbsp;</p><p>Regardless of the reasoning, the fact is that for almost a year now, the paper price of gold and silver have been well below the street price.&nbsp; And demand on the street is exactly what you supposed above -&nbsp; just out the door enormous.&nbsp; Most of the major mints have experienced shortages and supply interruptions.&nbsp;&nbsp; The US mint is still in a limited production mode, etc.&nbsp; Street demand is enormous.&nbsp; This translates one of two ways - either in extremely high premiums or lack of supply.&nbsp; (note that this is classic econ 101 demand/supply curve for when you have artificial price controls - read:&nbsp; manipulation).</p><p>&nbsp;</p><p>I&#039;m buying and will continue to buy.&nbsp; Any price break like now is just a signal to buy more.&nbsp; But I&#039;m buying real stuff that I keep and hold.</p><p>&nbsp;</p><p>peace,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

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