thanks Kim...you are fast becoming one of my best blogger friends...full of information you are! Awhile back I posed a question about why the premium was so low on GTU which holds gold buillon....actually holds it in Canada than say for example CEF which holds 60% gold/40% silver in Canada. GTU's premium was really low. Well someone figured it out because it really rose today on higher than normal volume even though other ETF's like GLD were lower. The premium to NAV was averaging around 4% for the longest time and just spiked up to close today at 8.2%. Trading volume was high as well. Note the following:

GTU up $.74 with volume increase at 205% versus GLD down $.48

Someone figured something out....drat I should have bought more when the premium was so much lower....