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View Full Version : The new gold rush: Supply of coins tight at Tucson stores Oddly, demand is up, supply



LETMYSILVERGO
2nd November 2008, 13:38
The new gold rush: Supply of coins tight at Tucson stores
Oddly, demand is up, supply is down, but price is dropping"


I get 10 to 20 calls a day, 'Do you have any gold or silver?' We don't have any, and we can't get any," said Peter Spooner, a coin expert at American Stamp & Coin, 7225 N. Oracle Road.
"There are people who are selling their stocks to get into gold and silver because they fear we are going into a tremendous depression," said Spooner. Yet, he noted, the "price of paper (futures contract) gold is dropping while the price of owning actual hold-in-my-hand gold is going up" when the seller's premium is added.

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