Metallic Posted August 28, 2008 Report Share Posted August 28, 2008 In reference to recent gold coin shortages, I noticed in February 2008 that www.goldline.co.uk/bullionCoinsPage.page was out of stock of several 1 oz. coins (I'd been monitoring them for 2 years up to that point). I hadn't seen this before, even when prices spiked in May 2006. This situation hasn't changed since, and smaller denominations are also now out of stock. Furthermore, spreads on the spot price (my first purchase, a 1 oz. Krugerrand in Feb 2006 was ~2% above spot) has increased to between 6% and 9% above the spot price, depending on which 1 oz. coin is purchased. Can anyone explain the shortage and increase in spreads? Link to comment Share on other sites More sharing options...
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