"You can also see what people are willing to pay for gold and silver by looking at cef. It used to always carry a 5, 6 ,7 % premium before but lately it is always above 12%, 13.9% today."

Yeah, they has real, physical, audited gold and silver. As people get smarter CEF may gain in premium asl long as the paper hangers control CRIMEX! It is interesting that these premiums for CEF are a bit higher than the eBay prices for 1 oz coins.

People still don't get physical. I wonder how many would change their ways if they held a 1 oz gold eagle in their hands?