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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: Horgad who wrote (92619)6/20/2013 11:24:39 AM
From: TH  Respond to of 119361
 
H,

You may be on to something. I've been watching the bid and ask compress at Tulving since this gold wacking started. With all the talk of long lines for physical and, "shortages", his bid and ask going down tells me he may have had a bit too much inventory and perhaps not a full hedge on.

So, it might be Tulving specific and reflects his unwillingness to carry inventory. Not bullish or bearish IMO, as it's just one man/company's opinion.

When all the dealers are out, then it could be very meaningful.

GT
TH



To: Horgad who wrote (92619)6/20/2013 11:34:13 AM
From: Smiling Bob  Read Replies (1) | Respond to of 119361
 
Apmex dropping premium so much suggests they're nervous and want to unload
Haven't seen 25 premium in a few years