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To: orkrious who wrote (218139)1/31/2003 6:43:18 PM
From: patron_anejo_por_favor  Read Replies (3) | Respond to of 436258
 
<<Patron, like everyone else, I've been waiting $25 for a pullback to buy more physical.>>

This would replace the "physical" I sold today when I dumped CEF (that I had acquired at much lower prices). The premium is just way too high to pay to hold my gold, I'll do it myself. So I don't mind buying a little more here, but I sure wouldn't load the boat with a new position.<NG>

where do you buy it on the weekend? is there a local place that doesn't rape you?

To be honest, the local places in Phoenix are better than in most places (the town has a heritage of being infested by old crusty right-wing nutjob gold bug miner types, so there's a reasonable amount of healthy competition). Nonetheless, I'll probably use Tulving, I like the price he's got for the new 2003 PCGS MS69 1 oz Gold Eagles (384.95).

tulving.com

At CEF's current premium, I was getting the equivalent of $440/oz when I sold today (1.20 x 366), that was just too tempting. If it drops back and the premium drops to 8-10% (and usually the premium DOES drop when the POG drops), I'll get back in....