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

To: TobagoJack who wrote (57491)	11/5/2009 12:37:19 AM
From: Amark$p	2 Recommendations Read Replies (1) \| Respond to of 217661

American Gold Eagle-gold content Note that Gold Eagle contains 3% silver AND the actual weight is 1.0909 troy ounces. Thus, you get 1 ounce of Gold in each American Gold Eagle coin plus .033 ounce of silver. American gold eagles should thus sale at $.60 premium over 1 ounce gold for its silver content @ $18/oz silver. SIZE PURITY TOTAL WEIGHT DIAMETER LEGAL TENDER VALUE 1 Troy Ounce .9166 Fine Gold 1.0909 Troy oz 32.70 mm $50 COMPOSITION: The Gold American Eagle Coins are 91.67 percent gold as required by law, 3.00 percent silver and 5.33 percent copper.

To: TobagoJack who wrote (57491)	11/5/2009 3:14:21 AM
From: energyplay	Read Replies (1) \| Respond to of 217661

Sounds like physical is tighter for somebody - maybe some mine with a hedge book they need to close out - maybe before year end - told the bank they will $X over spot, and Hang Seng is willing to pay some percentage of X over spot and pocket the rest. You can sweep up a lot of gold with that premium. That's about a 5% premium ! Over a years' interest. Another possibility : Someone thinks there is going to be a war, and wants to load up on gold now. Some body is hitting the panic button.