Our primary supplier has ordered an x-ray machine to assist in counterfeit detection. It should prove to be particularly useful for things like 100 oz. silver bars. This is an extra step they are taking, beyond the standard weight and density tests, to ensure that the products they buy and sell are up to 21st century challenges, like sophisticated Chinese counterfeits.
Now that gold has finally taken off, there is no doubt that gold will close up for the 12th year in a row. Gold closed at the end of 2010 at 1420, up 30% for that year, and closed at 1531 at the end of 2011, up 7.8% for that year. If gold can finish the year at 1800, which I think is reasonable, then it will end the year up 18.3% for 2012. It’s been quite a run, but the big gains lie ahead over the next few years.