GOLDBUGS AMEX Goldbugs Index (GOLD)

[CaribbeanJim]

4G and toco - re:Silver Shortage

I just witnessed the same thing on Friday. I was ready to add to both my Silver and Gold bullion position -- saw the same breakout that Toco saw, also saw the MACD curling up on Silver and miners. One of my local coin dealers is sold out of ALL gold and silver bullion. Another local dealer wants $80 over spot for his gold eagles... normally he wants $35 over. This shortage has been unheard of the last several years. Demand is finally exceeding supply. This tells me the public is now STARTING to get engaged.

I rebought my SLV and PMPIX that I sold a couple weeks ago. This smells like we had a swift one week shakeout... now a major parabolic launch awaits. Will add more if we get a better entry, but I'm not counting on it based on these stories.