Hey Copper Head, I think in some ways it is being regulated but through different means, and that is why we are seeing prices high for the scrap we sell.
As it stands, to buy or sell gold coins, you have to fill out forms and be tracked, like you do when you spend over $10K in cash. There has to be a paper trail. That was not the case years ago when gold was "cheap" and you could buy Canadian gold pieces and similar without paper work. Now with the laws in place to make sure uncle sam knows who owns gold, people are looking to E-scrap as a work around and that is why we see the pricing we do.
You are correct in that one day it will get real tight and regulated, but I think that will come from Uncle Sam and not the public. Don't forget 1933.
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