Had a very interesting conversation with the assistant to the sales manager of one Australia's larger bullion dealers today . In her years of working in the bullion industry she said ," I have never seen anything like the run on bullion over the last month we have sold out to the last ounce ". I was enquiring about the expected delivery time of my latest purchase . Now this company has wholesale agreements with ,Perth Mint , RCM , Pamp Suisse , Baird of London to name a few . I was told that the producing mints can't give dates and don't expect anything for 2 months . If you guys have bullion on order make sure you are with a reputable dealer .
Buybacks will surface if you are in the right place at the right time but preorders have taken care of most of it .
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