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Heavy buying of physical metal over the weekend
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<p>[QUOTE="desertgem, post: 1569030, member: 15199"]Not with strong validity IMO. Even the mint's comments are suspect when dealing with bullion availability as they intend to sell their products at the highest possible margins. They seem to have enough on hand when they start striking a new product. It seems to be in the initial stages where they tend to comment one way or the other, usually blaming it on the miners/planchet suppliers. If the TPG companies had said they wouldn't grade/slab their bullion products, the market participation would be much less IMO. Not to get political by naming names, but I wouldn't do any thing until thursday or later, to see what the world thinks of our elected leaders effects on the USD. The DX is now 80.83 up about 15 cents, but gold is also up about 8.90. Interesting. IMO.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1569030, member: 15199"]Not with strong validity IMO. Even the mint's comments are suspect when dealing with bullion availability as they intend to sell their products at the highest possible margins. They seem to have enough on hand when they start striking a new product. It seems to be in the initial stages where they tend to comment one way or the other, usually blaming it on the miners/planchet suppliers. If the TPG companies had said they wouldn't grade/slab their bullion products, the market participation would be much less IMO. Not to get political by naming names, but I wouldn't do any thing until thursday or later, to see what the world thinks of our elected leaders effects on the USD. The DX is now 80.83 up about 15 cents, but gold is also up about 8.90. Interesting. IMO.[/QUOTE]
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