Bullion Premium, Delivery Near Normal

Report from Patrick Heller:

It is now possible to purchase almost any of the popular bullion-priced gold coins and bars, though intermittent delivery delays for such coins as South African Krugerrands, Chinese Pandas, British sovereigns, Austrian 100 coronas as well as the U.S. American Arts gold medallions occur.

For such coins as the American Eagle and Buffalo one-ounce coins, the premiums are almost all the way back down to where they were in early April. At premiums of about $40-$85 per ounce above spot price, you should be able to have your choice of a wide selection of the large popular gold coins.

In smaller gold coins, demand is still making it difficult to find reasonable premiums.

Though Ed Steer mentions in his latest bulletin:

As I've said before, business at our store has certainly slowed down since the wild times that followed that event, but has never declined back to what it was before the events of April 12th and 15th. What we are noticing is that the buying public is now much more aware of the dangers of paper currencies...including our beloved Canadian dollar...and they'd much rather save their money in precious metals than in their national currency. This is a phenomenon not confined to Canada.