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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ScatterShot who wrote (96574)8/23/2008 10:42:59 AM
From: TH  Respond to of 110194
 
ScatterShot,

Gold is gold of course, but the Eagles are very popular and trade at a premium on the buy and sell. They are very easy to sell, as everyone wants them.

I am hounded by a certain bullion company when they run out of stock. I've told them I'm not interested in selling at least a dozen times, but they still come back. They called me this Wednesday with a complete bs story about how my Eagles were at risk and how they could do me the <service> of taking them off my hands and replacing them in one simple transaction with rare gold coins that are exempt from confiscation. I had my fun with them of course, and I still have my Eagles <g>

BTW, the premium is now at $44.

1 Oz. Gold American Eagle (Mint Tube Is 20) BU Pre
$44 Over Gold Spot

And Tulving doubled the percent buy above spot on some of the smaller weight Eagles. A very clear sign that there is no physical available to meet their demand.

This is exactly what the bugs need to get the paper gold exposed for what it is, which is a complete scam and rigged market.

GT
TH