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Local Precious Metals Market Gutted.

Started by stephendare, August 22, 2008, 11:01:12 AM

stephendare

The local precious metals dealers are beginning to report that they have no more stock to sell to buyers of silver coins.

Even the traditional sources of gold and silver coins are dry, with back orders piling up.

Apparently silver eagle coins are on backlog for at least two months.

Recently a fairly anonymous man went from store to store buying all the 100 ounce bars of silver that were available in the city.

Apparently the trend is nationwide.