Re: Tulving Buying Everything at High Premiums

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silvernut

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Re: Tulving Buying Everything at High Premiums

posted on Oct 29, 2008 11:19AM

No.. I have not dealt with Tulving... They are the ones that bought some of Jason Hommel's bars and are offering some 100 ounce bars for sale. These kind of premiums can only mean they expect a huge price swing within the next 3-6 months. I have to wonder if they know something about the COMEX delivery for December that is initiating these premiums.

There is no other reason to buy at these premiums unless you are expecting the prices to rise substantially. It would be hard to even make money on EBAY at these levels.