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<p>[QUOTE="doug5353, post: 2204014, member: 73555"]In the present very low interest rate environment, there is ZERO connection between a small rise (even 0.5% - unthinkable) and the price of gold. The most important clue is the rapid increase between spot price and retail price over the past six weeks or so, and the fact that the big three bullion dealers now have "Out of Stock" sprinkled through their categories of items for sale. Both these things are FACTS, not theories. I think you have to go with what the marketplace shows you, and the only conclusion you can reach, for the moment, is that supply is drying up; it's costing bullion dealers more to replace their inventory. Even Apmex, who's frequently in bed with eBay, hasn't had a "special" lately.</p><p><br /></p><p>Again, this refers mainly to 90%, the cheapest way to own silver. There seems to be plenty of gold and silver <u>eagles</u> around, if you'll pay the bumped-up price. There is less demand for gold bullion-coins, because so many fewer people can cough up $1200 or so to buy another piece, whereas many people can find $50 or $100 to buy a little 90% silver. I spent $625 today on a hodge-podge of 90%, rounds, Canadian, and what-not. The rounds and oddball stuff will go straight onto CraigsList, or I'll swap them for dimes, if possible, spot for spot.</p><p><br /></p><p>One plan I've had NO success with, offering to trade 90% (or silver dollars, or even better, Mint products) for the "best offer" in stamps; very little crossover; I guess the stamp guys are happy with what they've got, but at least stamp prices aren't up and down, and up and down, etc., changing every day. Great fun![/QUOTE]</p><p><br /></p>
[QUOTE="doug5353, post: 2204014, member: 73555"]In the present very low interest rate environment, there is ZERO connection between a small rise (even 0.5% - unthinkable) and the price of gold. The most important clue is the rapid increase between spot price and retail price over the past six weeks or so, and the fact that the big three bullion dealers now have "Out of Stock" sprinkled through their categories of items for sale. Both these things are FACTS, not theories. I think you have to go with what the marketplace shows you, and the only conclusion you can reach, for the moment, is that supply is drying up; it's costing bullion dealers more to replace their inventory. Even Apmex, who's frequently in bed with eBay, hasn't had a "special" lately. Again, this refers mainly to 90%, the cheapest way to own silver. There seems to be plenty of gold and silver [U]eagles[/U] around, if you'll pay the bumped-up price. There is less demand for gold bullion-coins, because so many fewer people can cough up $1200 or so to buy another piece, whereas many people can find $50 or $100 to buy a little 90% silver. I spent $625 today on a hodge-podge of 90%, rounds, Canadian, and what-not. The rounds and oddball stuff will go straight onto CraigsList, or I'll swap them for dimes, if possible, spot for spot. One plan I've had NO success with, offering to trade 90% (or silver dollars, or even better, Mint products) for the "best offer" in stamps; very little crossover; I guess the stamp guys are happy with what they've got, but at least stamp prices aren't up and down, and up and down, etc., changing every day. Great fun![/QUOTE]
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