HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Price of gold and silver OT

Price of gold and silver OT

posted on Aug 21, 2008 11:23AM

There it was, right in front of my face, but I had to hear my Father in Law say it. He's a long time coin investor.

There is a shortage of gold and silver coins only because the price is such a bargain they are being bought up as fast as they are available.

If the price were in balance with demand, there would be more sellers and so more coins available.

No wonder the US mint stopped offering their coins through dealers. They are not willing to take less then the gold and silver are actually worth.

BK

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