rob kirby writes about the availability of gold and silver bullion:

In a conversation I had with one of Canada’s largest physical, retail bullion dealers last Friday – here’s a summary of what he told me:

- As a long time and valued customer of the Royal Canadian Mint, he has been told that the Mint is not accepting ANY orders for gold or silver coin for at least 3 months – and no guarantees then either.

Gold: - There are zero one ounce gold bars in North America at wholesale – period.

- Same thing for 10 oz gold bars.

- Some kilo gold bars are available at wholesale but in highly limited supply at prices start at 5 % over spot [COMEX price].

- He is currently receiving a couple of hundred calls per day for small gold [one ounce denominations] and has no product to sell. Silver:

- He told me there are ZERO one thousand ounce bars available at wholesale in the U.S.A and `supply of the same in Canada is HIGHLY limited.

- He laughed when I mentioned that there was supply at COMEX and he told me COMEX was a JOKE. He told me he doesn’t price silver using COMEX [silver futures prices] any more – he looks at prices being paid on E-Bay instead.

- He is currently getting 50 calls a day for silver and has no product to sell.

http://news.goldseek.com/GoldSeek/12...