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


To: TH who wrote (102083)3/11/2009 9:52:49 AM
From: Horgad  Respond to of 110194
 
For sure, Tulving and APMEX and the like are the place to check premiums as long as they have stock. E-Bay may be the place to look when/if the big dealers are out of stock, but the data will need a little massaging.

Yes, generally, I would say E-Bay is for small buyers who don't have easy access to a coin shop or are in a state that charges sales tax on bullion. Other buyers, like myself, only show up for a single shot when they have a coupon and can buy for Tulving like or lower prices.

E-Bay data does show something, but it has got to be interpreted. For example the volume of gold bullion sales has changed many times over the years. Right now it is at the higher end of volume.

At one point, not so long ago E-BAY, had pretty much killed all gold bullion sales because of their fee increases. Nobody could make money selling a very low margin product when E-Bay eats 6.5%.

Recently, a surge of new bullion buyers, promotions, and coupons has changed that and is allowing sellers to sell for above market premiums on E-BAY that are offsetting the fees...