[stockpirate]

Rightnow there are some 100 oz bars going n the range of 50-56 a oz

[Atlas Sneezed]

Rightnow there are some 100 oz bars going n the range of 50-56 a oz

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My only point is that you can learn more about the market by what the COMEX is doing, and not what an individual bidder is paying for a premium item on eBay.

And what things are bid at now is not as good an indicator as completed listings. (Some overbids are canceled).

I you posted a link to a specific item that fuels your view, I inevitably would have things to point out that make it more attractive and meriting a premium.

You may as well tout what nwtmint.com has as the selling price of a 1/10 oz Eagle, to tell me the “real” price of gold (it turns out to be over $2000). Silver is $65/oz if you go by what they sell small lots of Silver Eagles for.

[Atlas Sneezed]

Rightnow there are some 100 oz bars going n the range of 50-56 a oz

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I guess they’re in that “range,” but right now, the highest BID is $5200. $52/ounce is as high as it goes right now.

80% of the auctions are below $50/oz right now (and of course many will rise to the market).

Overpriced “buy it now” asking prices aren’t relevant to the market.

If you want the market data of actual sales, select “buying formats” in the left column, and select “completed listings.” It’s a gold mine of info. Look for the prices in green (sales) not in red (didn’t sell).