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Re: KastelCo post# 18390

Wednesday, 02/25/2009 8:51:04 PM

Wednesday, February 25, 2009 8:51:04 PM

Post# of 19037
So far premiums have not gone back up from their recent fall peak

http://www.tulving.com/goldbull.html

Tracking the premiums on GTU/CEF is all good, but I think we enter the next phase of the gold bull when the physical premiums go back up near their highs (approx 10% for gold on this site). Till then I'm more in trading mode or until gold crosses 1K again.

Haven't decided how much if any I'm going to buy if gold stocks are down tomorrow. At the least I'll likely cover my hedges (probably too early).

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