"The real physical gold market is very small. "
Not really, 160,000 tonnes has been produced, not consumed or destroyed, and available for sale at the right price.
There are no shortages, rising prices take care of that. Gold coin supply sky-rocketed in 2009.
Now we hear that even silver coin supply is surging, despite 60% of silver production consumed in industry or photography...
The U.S. Mint just reported another record, but this time it wasn't for gold. The Mint sold more Silver Eagles in March 2010 and in the first quarter of the year than ever before. A total of 9,023,500 American Silver Eagles were purchased in Q110, the highest amount since the coin debuted in 1986.
http://www.minesite.com/nc/minews/singlenews/article/why-are-silver-sales-soaring.html
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