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

To: yard_man who wrote (98159)	10/1/2008 9:34:49 PM
From: orkrious	Read Replies (1) \| Respond to of 110194

19.95 over spot seems high for a bar -- It does to me too except for one thing. Physical isn't available, which is why Krugs are going for $45 over spot. When the paper (spot) market moves up to a more reasonable level, the premium for a bar will probably get cut in half, but the bar will cost $1,410. <g> I'm thinking about buying one. My concern is that they just aren't very portable/hideable and those are characteristics of gold that makes it attractive.