GOLD 0.51% $1,391.7 gold futures

Rahman,I do know the laws of supply and demand.If there's a lack...

  1. 1,739 Posts.
    Rahman,

    I do know the laws of supply and demand.

    If there's a lack of supply vs. demand, a basic economics textbook would tell you (rightly or wrongly) that the price will rise.

    The good thing as I see it - is that I have locked in my buy price, regardless of when I get delivery.

    The problem with silver is that it is much more bulky than gold. $10,000 worth of gold fits inside a small matchbox. $10,000 worth of silver would fit inside a briefcase.


    Joel
 
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