Try to find physical gold or silver right now .... hint - you can't. There is disconnect between wall street prices and the street.
Lots of selling pressure on gold as it gets sold to cover losses in equities. Give it a few months, I think it will rip 30% this year as global synchronized money printing goes into over-drive.
I haven't tried to buy any, but from what I've seen here, you are right. There seems to be a big difference between SPOT and what you can actually buy precious metals for. That hasn't always been the case.
