"In order to reflect current market conditions for Silver Maple Leaf and US Silver Eagle coins, Kitco is temporarily increasing its bid (buyback) prices for these particular products. Our current bid for these items is now $1.35 USD above the silver spot bid quote found on our Selling to Kitco page for more details."
At http://www.kitco.com/
Comment:
This is absolutely amazing. Surely this indicates the paper price is a fabrication and DOES NOT reflect the real market demand for real silver in contrast to paper silver? (Make believe silver in Fantasy Land.)
No doubt the same situation applies to the physical gold market - the paper gold price bares no relation imo to the real market demand for physical gold and the real supply/demand situation for physical gold.
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