Paper is abundant but real metal is flying out the door
kingworldnews.com
Today 41-year market veteran Bill Haynes warned King World News that we are already already on the verge of seeing major shortages of available retail bullion products. Haynes also said gold and silver buyers are outpacing sellers by a stunning margin, and he is now seeing premiums on physical products that haven’t been seen in decades. Below is what Haynes had to say in this extraordinary interview.
Haynes: “Eric, last week we sold more gold and silver than we normally sell in a whole month. On Friday alone it was astounding because we sold as much physical bullion as we would normally sell in an entire week. There is a great deal of big money coming into the market on this decline.
If buying continues at the rate we saw on Friday, there will be immediate shortages of product….
Read More: kingworldnews.com
2013-04-14 13:02:49
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