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Unprecedented Demand for Gold and Silver

9/29/2008 02:29:00 PM, Posted by APMEX, 4 Comments

More and more people across the nation are pulling their remaining funds from failing stock portfolios, 401K’s and even now from their bank accounts in a bid for hard assets to protect against the current debacle on Wall Street.

At APMEX, we all but SOLD OUT on just about anything and everything we can get our hands on. We continually scour our resources to meet consumer demand, but as soon as we load the products on the site it sells out – many times within a few hours. Pay close attention to our website, because you may find that the products you want will sell out faster than you may anticipate.

From the current appearance of the market, very quickly the only products that may soon be available will be 1000 oz Silver Bars and Kilo Gold Bars. There just simply isn’t any smaller product available on the market.

Right now, we do have a good inventory of 1 oz Silver Buffalo Rounds, but these will go fast too.

4 Comments

Anonymous @ October 3, 2008 at 8:08 AM

Demand for gold is high. Supply is low. Why is the spot price of gold going DOWN?

Anonymous @ October 3, 2008 at 9:50 AM

Glad you noticed that too. I saw an interesting article on the falsities of the US Treasury and US Mint earlier - check it out.
Be sure to read the Gold Inventory sheets - very telling that something is NOT right.

The supply/ demand/ price manipulation very well could have something to do with a $850 Billion Bail Out Package that is getting shoved down the throat of America.

Some big players are selling off their positions in Gold ETFs, funds and Commex positions, getting ready to jump back in Wall Street to take advantage of all the low stock prices (pennies on the dollar in some cases) that will be jumping back up thanks to the glut of Tax Payer Dollars in the form of a "Bail Out Plan".

Has anyone else considered the possibility that this "Economic Crisis" could be a false flag op - designed to flip the population of American out so that we would be "forced to take" the "Bail Out Package" - much like we gladly handed over our liberties to the Patriot Act after 9/11?

Seems like a great many dominoes have fallen in perfect succession with just the right amount of coverage to create this little panic on Main Street... Seems odd and suspicious.

Many people have been saying for years that in Late Sept or Oct '08 - right before the election - we would see another false flag op 9 most assumed it would be another "terrorist attack" to usher in the next wave of democracy crippling legislation.... looks like $850 Billion is about to be stolen from the American People and even more Gov't involvement.

All I can say is pick up as much Silver and Gold as you can... won't be long and I bet they ban the sales of it all together.

Anonymous @ October 4, 2008 at 9:53 AM

Hi Apmex,
Are you guys big enough to buy contracts at spot on the nymex, take delivery, create some bars and turn a nice profit?
Just curious

APMEX @ October 6, 2008 at 8:56 AM

Yes, we are big enough to do that.

We have hundreds of thousands of ounces in the pipeline waiting for it to be manufactured into smaller items. It just takes time. That is the real bottleneck.