There will be many people who look at gold and silver prices and assume lots of gold bugs are selling.
#Bullion Demand SURGES, Mostly Cleaning Out Dealer Inventories #moneymetals https://t.co/zOuih8vRba
— Money Metals Exchange LLC (@MoneyMetals) March 17, 2020
Bullion Demand SURGES, Mostly Cleaning Out Dealer Inventories
The disconnect between paper prices for precious metals and demand in the bullion markets has never been clearer. Nervous investors are frantically buying coins, rounds, and bars. Dealer shelves quickly emptied of more popular products and delays are now being quoted on many products – especially in silver.
The U.S. Mint stopped accepting orders temporarily for the silver American Eagle, Investors have coped with bottlenecks at the U.S. Mint before, but it has been a few years. The truth is that the production capacity for fabricated silver and gold products has always been too small to cope with massive demand surges.
