http://www.bulliondirect.com/ SUSPENDS OPERATIONS
Is there a shortage of GOLD and SILVER developing?
Is there a shortage of GOLD and SILVER developing?
It is becoming questionable now among various numismatic collectors who also have interests in gold and silver bullion whether there are supply concerns that have developed in relation to this particular news of BullionDirect.com suspending operations. Texas is currently repatriating a large position of GOLD and some say there have been other dealers that are delaying deliveries with no explanations. Buyer beware now as there may be some shortages. We will be carefully monitoring certain YOU TUBE channels and those involved in the numismatic community and will be posting more information as this becomes available.
In addition to this bullion development, as the week ended on the FUTURES and FOREX markets and we are in a holiday weekend now with the 4th of July/INDEPENDENCE DAY celebrations, there are concerns rising over the worlds currencies. Some very concerning fluctuations took place perhaps in response to the Greece crisis as currencies started to chop violently before the close of business on Friday for the FOREX. Also the FUTURES MARKETS in the United States showed some sharp price movements early Friday on a shortened schedule notably showing the U.S. DOLLAR FUTURES making a very sharp rise while a sharp sell off was noted in the EURO DOLLAR FUTURES.
UPDATE: LARGE QUANTITIES OF GOLD ARE NOT AVAILABLE:
http://kingworldnews.com/andrew-maguire-7-4-15/
Some say the manipulated markets are completely disconnected from supply and demand economics as the markets are completely rigged. This is certainly a very unusual phenomena that may prove we no longer have economics.
