Gold Coins Shortage

Gold coins run out worldwide

Can't find a gold dealer with coins or kilo-gold bars in stock...?

Want to buy gold today before the shortage gets worse...?

GOLD DEALERS are running empty worldwide. A sudden surge in gold-investment demand has cleaned out their stock.

Many of the most popular gold coins just aren't available. Gold refineries are booked solid for all of next month in a bid to catch up.

New gold buyers, meantime, are being turned away. And that might prove a real pity if the gold price keeps rising as supplies get squeezed even tighter. Gold just leapt from its lowest price of the year, sparking a wave of demand that traditional gold-dealers can't meet.

  • "Due to unprecedented demand," says the US Mint, "our inventories have been depleted." Its sales of American Eagle gold coins are now strictly limited to "authorized purchasers" only.
  • Kitco Inc., one of the largest gold dealers in the US and Canada, warns its customers to expect "delays in processing and shipping" of gold bullion products.
  • Over in Germany, the same story – a surge in gold investment demand, but not enough gold in stock to meet it. "Prolonged waiting times for over-the-counter cash sales," says Pro Aurum in Munich. "This will surely continue..."

Even in India – the world's No.1 market for physical gold – bullion banks report a huge shortage of gold for sale.

"People are thronging gold shops fearing a further price escalation," says a dealer in Hyderabad. "There is a brisk buying activity...In the past four days, retail sales have almost doubled."

Of course, this gold squeeze worldwide is forcing up prices. India's gold dealers are now paying twice the premium charged in July to secure new imported supplies.

"In Turkey – I kid you not – premiums are up $35 above spot price," says a broker in London. "There's a lack of scrap metal around."

Back in the United States, private investors – even those buying the most common gold coins, like Canadian Maples or South African Krugerrands – must now pay an extra 2% compared with last week, because supplies are so tight.

Struggling to meet this sudden jump in demand, "metal refiners are booked solid through September," says a senior dealer in London – heart of the world's 24-hour professional market.

To make the gold coins and small bars sold to retail investors, furnaces will melt down large, 400-ounce bars – guaranteed 99.5% pure – bought from bullion dealers like him in the world's wholesale gold market.

That adds extra costs to each ounce – costs finally paid by gold-buyers like you. Even before this global gold squeeze began in August, gold coins and small bars were priced from 1%–5% above the actual value of the gold they contain.

Plus, there's no guarantee these new coins and gold bars will reach your local gold dealer. "Demand is up and premiums are rising throughout the globe," as another dealer in London has told us.

Why wait for gold coins...only to pay higher prices? Why not just go straight to the source – the professional wholesale gold market – and get your gold without delay?

Here at BullionVault – the instant gold-dealing service for private investors worldwide –new buyers are entirely free of this shortage.

Buying as little as one gram – up to a whole 400-ounce gold bar or more – they are joining the professional wholesale gold market.

Last week alone, BullionVault customers bought a half-tonne of gold between them – and all at live "spot market" prices well below what you'd pay for gold coins.

That took the stock of gold bullion bars now owned by BullionVault users above 8.5 tonnes, almost twice as much gold as most central banks hold.

Every last gram belongs to private individuals like you. It's sitting safe & secure deep inside professional gold vaults – the same high-security facilities where professional traders keep their gold bullion.

You can choose to store your gold in either New York, London, or Zurich in Switzerland.

Secure storage – with insurance included – runs to just 0.12% per year.

You'll cut your buying and selling costs "dramatically" too, as the Financial Times puts it. Compared to the 4% fees charged by many gold-coin dealers, you'll pay just $80 to buy $10,000 of gold.

Most important of all, all dealing is instant. There's no shipping delay or waiting-in-line. The very moment you buy, your gold becomes yours.

To cut out extra hassle and costs, you then keep it in the very safest location – a secure gold bullion vault, used and approved by the wholesale gold-dealing market centered in London, England.

Like to learn more?

Start with a gram of free gold – available now in our Swiss vault – by opening a no-risk account.

Opening a free gold account won't cost you a penny, and no salesman will call. Instead, we give you a free gram of investment-grade gold, plus a small float of cash. You can then test-drive this $270-million service for yourself, trading real gold live online.

Your free gold is part of a large 400-ounce gold bar, approved by the world's professional gold-dealing community. It's already safe & sound, deep inside a high-security vault beneath the streets of Zurich, Switzerland.

To trade your free gold today, log into www.BullionVault.com with the secure username & password you create. Then go to "Account", click "Balance", and you’re ready to trade. . .

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