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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: from tonight's MIDAS, more confirmation of inventory issues at Kitco

from tonight's MIDAS, more confirmation of inventory issues at Kitco

posted on Sep 17, 2008 03:53PM

Silver shortage stuff and our favorite, KITCO…

Dear Bill:
Greetings from Canada.

I've been enjoying your site for years - keep up the good work!



Today I decided to buy one last tranche of physical silver - I ordered twom1000 oz bars from KITCO - they claim on their site that they have lots. On the order confirmation they listed the same bar number twice.



When I called to inquire, they told me that I got their last bar, and the second one would have be to shipped from the U.S. When I pressed for a timeframe, he said a few days, but when I asked for it in writing, he check with a supervisor and then stated that he could not give me a timeframe .... I conclude that they must be out. I changed my order to one bar.

A warning to KITCO patrons: if you order their 1000 oz. bars and the order form does not list the bar number, then it is on back order, with an unknown delivery time.
regards
Daniel

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