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Message:: [QUOTE="Rono, post: 448939, member: 6492"]Howdy all, And thanks to Dave from Apmex for a bit of lucidity in pointing out the huge divergence between the paper price of bullion and the street price.  Cloudsweeper talked about it on another thread - the paper price is derived from futures and COMEX stuff while the street price is what you and I have to pay to buy our Eagles or Krugs or Leafs.  Huge divergence. Now some will claim conspiracy, but I don't agree.  I think there are a couple of reasons - huge is that the hedgies and institutional investors are being forced to raise capital and in the process having to sell the kitchen sink, their right arms, one kidney and their first born children.  There is also manipulation going on and this is not a conspiracy - just  human nature - by anyone that has a vested interest in the POG and has the ability to manipulate the market.  Hell, if I could I would and so would everyone else.   What it shapes up to be is what I remember from Econ 101 with supply / demand curves and what happens when you  have 'artificial' price controls - you end up with a lack of or severely restricted supply.  In this case, the artificial price is the paper price and that's so far beneath the street price that no one is willing to sell.   just my humble opinion, rono[/QUOTE]