Gold Market Wire
News, analysis and commentary for gold traders and investors
Gold Market Talk
The Hype Chronicles: Episode # 1
March 30, 2020 - (Gold Market Wire) - How people fall for the same old hype remains a mystery to anyone even remotely close to the gold trade. Today's Blue Plate Special comes from Zero Hedge who claim that it is nigh on impossible in their article = Gold Is Now "Unobtanium" =. These people do no favours to anyone. Gold coins are not unobtainable... they are widely available. This follows on the heels from other recent articles claiming that if you didn't have physical now, it was probably (horror movie shriek, here) "too late".
Quick! Run out and buy all you can get your hands on, if you can find any physical..because there is none to be had. /s
This nonsense is perverse.. There are plenty of gold coin dealers with inventory, who continue to deliver, around the world. Here's one, from this a.m. - right on market with a 5% premium - from a highly reputable dealer and ready to deliver:
... don't believe the hype. There is inventory around. And remember -almost all the Gold that has been mined is still on planet earth...most of it above ground and water.