Gold spot price a total fraud - gold coins trading at 50% premium over manipulated spot price

http://www.commodityonline.com/news/Gold-coins-in-short-supply-command-50-premium-12471-3-1.html

Gold coins in short supply, command 50% premium 2008-10-30 Popular gold and silver coins such as the one-ounce gold and silver American Eagles produced by United states Mint is not available for sale in the market and those who sell do it at a premium of 50 percent or more on spot price, according to Michael Maroney, Vice President, Monex Deposit Company.

http://www.gold-eagle.com/editorials_08/west102908.html

War Of AttritionJames Westwww.MidasLetter.comOctober 29, 2008The spot price of gold as quoted by NYMEX is no longer an accurate representation of the real price at which physical gold bullion is being traded. It is, in fact, a lie. This is apparent by the great disparity between the availability of gold and the virtual shutting down of all sales operations related to delivery of anything denominated in one ounce units. Buffalos, Krugerrands, Eagles….you name it, you can’t buy ‘em. The idea of “Futures” was originally established as a mechanism for price discovery, not price determination. Yet this very mechanism, first deployed as way for bankers to capitalize farmers in the spring with a relative degree of certainty as to what the farmer would reap in the fall, has become a tool for the manipulation of the gold market. In creating such huge short positions in the futures market, and driving the price down, the spot price suffers as a result of the physical short created to hedge against a paper long.