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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: prosperous who wrote (40293)	9/23/2008 3:12:39 PM
From: TobagoJack	1 Recommendation Respond to of 218135

just in in-tray I just spoke with the owner of Tulving and he confirms that he will buy silver eagles at $3.00 above spot. He is taking orders to sell at $3.99 above spot. (Kitco is only offering to buy at $1.50 above spot-but they have none to sell) Why?-A guess here-but price-people buy silver when they cannot afford gold. How many people can afford lot of people can afford a 5 oz gold coins in the world? (And as you pointed out, silver has as long a monetary tradition as gold. China was on a Silver standard, India too, I believe and the USD is still officially defined in grains of silver-if I am not mistaken) The decoupling (temporary as it may be) from the ETF/COMEX price could be a number of things but it reminds me of exchanging currencies, there is the official rate, and the black market rate. Often times the black market rate is far higher. Or vodka in Communist Russia-the price is xxx-=but we are out of stock and don't know when will be getting more. (Oh, you have USD- come around the back and I may have some)