Why Can’t I Buy Gold at Spot Price
The simple answer is that only those banks and institutions within a highly selective association of member banks can purchase gold at the spot price. The dealers who represent those members must then charge a mark-up on the spread from the buy and sell prices in this market. These spreads, and hence charges, can increase as gold supply tightens against rising gold demand.
The Worst Time for Yet Another Grotesque Stock Bubble…
In this critically important Gold Matters discussion, VON GREYERZ principals, Egon von Greyerz and Matthew Piepenburg, place the enormous risks of the current U.S. equity bubble within the much-needed context of unprecedented global economic factors.