http://www.hardassetsalliance.com/blog/5-charts-that-say-buy-gold-now/?utm_medium=subscribers&utm_source=blog&utm_campaign=160229&utm_content=blogannounceemail#.VtSfAebIgWE
I remember in early 2009 how difficult it was to buy gold at a decent premium and get it delivered in less than six weeks.
It wasn’t what any of us expected. “There’s plenty of above-ground gold
to go around” and “global production is on the rise” were common buzz
phrases of the day.
But the reality was anything but common. It was a scary time and many investors were turning to gold. The problem was that so many
investors wanted to buy that premiums went through the roof. And
delivery times—assuming the product you wanted was even available—were
measured in weeks and months instead of days.
One dealer told me that he was so frustrated that he had difficulty
sleeping at night. There just wasn’t enough physical metal available to
fill his orders.
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