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Message:: [QUOTE="medoraman, post: 1592128, member: 26302"]How do we know "retail americans have been net sellers for years"? Like I said previously, the US being an exporter of gold is not any more surprising than Kuwait being a net exporter of oil. As far as Iran goes, I view this gold being "sucked up" by them as temporary. They are using gold imports as a way to circumvent international sanctions. At some point that gold will be used to pay for their imports, and the UN is considering banning gold imports into Iran currently anyway. Yes, BRIC countries and others are strong buyers of gold, and have been for quite some time. As for US retail demand drying up, then why has the past 5 years been the highest mintages of AGE/ASE? Are you saying AGE/ASE are all being exported? Or are you saying we are selling our junk silver/gold and trading it in for AGE/ASE's, but net net losing ounces? As for TPGers, I am suspecting that SOMETHING will happen, either another round of loosening standards so dealers will stampede to "upgrade" their 63's to 65's, or the opposite will happen, some new "stricter grading, microchip implanted, photo stored on our database, blah blah blah". It happens periodically, and some shift always takes place "somehow" at TPGers that ups submissions again. I think CLCT's problem is more lack of authentication of baseball cards and comic books more than coins. Anyway, just trying to clarify your answer sir, not trying to be argumentative.[/QUOTE]