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Gold Allocations Are Now Setting In….Will It Follow In Silver’s Footsteps?

Starting yesterday, we were told that gold Canadian Maple Leafs were in short supply and that there would be a delay on delivery times of 2-3 weeks.  However, U.S. gold and Perth Mint gold products were available.  Today, we have learned that the U.S. and Perth Mint gold products now have delivery times of 2-3 weeks.  This is the same scenario that happened with silver last week and virtually all silver products are now unavailable.  It is probably safe to say that gold will follow in the same path and that we may have a period of time where no precious metals physical product is available or the delivery times will be long and the premiums may increase.  We will keep you all posted as we know more.

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