Gold products - kitco.com...
posted on
Oct 23, 2008 05:29AM
Focused on becoming a near-term Gold Producer
FYI the only 2 products available to purchase via kitco.com are a 400 oz gold bar ($359k) and 1000 oz silver bar ($12k). All other items (i.e. coins, small bars, etc.) have "been temporarily removed from our Precious Metal Store until further notice due to production and delivery delays that retailers are currently facing".
There are some very extraordinary things going on in the market as of late. The main reason gold (and oil) is down is because of the appreciation of the $US supposedly because of increased demand for $US to settle international loans to invest in other markets. Is this sustainable? When all this unwinding is complete will the $US finally reflect its 'true' value given recent govn't intervention? IMO yes. Then $US will fall and gold will rise. When? No idea but it will happen.
red911
"The following products have been temporarily removed from our Precious Metal Store until further notice due to production and delivery delays that retailers are currently facing; Gold Eagle 1 oz, Gold Maple 1 oz, Special Gold Maple 5 X 9 pure 1 oz, Gold Buffalo 1 oz, Gold Krugerrand 1 oz, Gold Bar 10 oz, Gold Bar 1 oz, Kitco Gold Bar 1 oz, Kitco ChipGold 10 g, Kitco ChipGold 20 g Gold Philharmonic 1 oz, Silver Philharmonic 1 oz, Silver Eagle 1 oz, Silver Maple 1 oz, Silver Bar 100 oz, Platinum Eagle 1 oz, Palladium Maple 1 oz, Silver Maple Olympic Coin 1 oz.
These products will be relisted and available for order as soon as fresh inventory is readily available. In the interim, we will focus on completing pending orders as our top priority.
Please note that all remaining products listed in our Precious Metal Store are available for delivery including 1000 oz Silver bars."