RE: Supply There has always been a "disconnect" so to speak, between the "paper market" and the "physical market". Physical gold and silver in bar or coin form is very hard to find in quanity. There are a just few dealers you can buy from in most localities, and the buy/sell side usually is about 2% kickback for the dealer...You should be able to sell your physical precious metals at a price of at least the "spot price" of the paper market price...anything less and your getting ripped off, as ALL precious metals sold directly from a refiner to the public in bar form, carry an additional charge called a "bar charge". The price varies on the quanity of metal purchased, but in general for a 10 ounce purchase it ranges from 10% to 15% with "shipping included"....my point being, the physical market and the paper market are 2 completly different animals...There is no doubt, a huge shortage on the physical side as a dealer will quickly swallow up any gold/silver bars the public is willing to sell....By the way I also own Yamana shares.
Cheers
Mrcashflow