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<p>[QUOTE=&quot;-jeffB, post: 25262903, member: 27832&quot;]Based on my experience at today&#039;s local show, margins are compressing, and buy prices from dealers are lagging spot.</p><p><br /></p><p>I just checked pacificpreciousmetals.com, and they&#039;re quoting spot gold at $2181.71, and offering to sell random-date 1oz AGEs at $2221.71 each (in lots of 10+), with a buy-back price of $2158.53. That&#039;s around a 3% buy-sell spread, which I guess isn&#039;t out of line for the high-volume online dealers.</p><p><br /></p><p>There were certainly people interested in buying gold at the show. I guess they figure there isn&#039;t that much difference between $1500 and $2200 if it&#039;s going to go up to $3K or $5K or...[/QUOTE]</p><p><br /></p>

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