Premiums

[goldpelican]

Morning.

Just got the news - ASE wholesale premiums went though the roof. About 50c hike per oz from our distributor.

 

[Naphthalene Man]

Thanks, but what are you doing up at 3.30am?

 

[Chillidog]

The big bird never sleeps

 

[Fykus]

is this because of drop in silver price or?

 

[goldpelican]

Thanks, but what are you doing up at 3.30am?

Cleaning up mini pelican vomit.

 

[Clawhammer]

poor little pelicans

 

[JoelAG]

Hey goldpelican, ours is sick too. Its never fun.

Is this increase something at the source, or is this just a AU thing? I was watching prices earlier and actually went to potentially make a purchase and notice that the premium over spot an online store has gone up from what is was earlier this afternoon.

 

[Naphthalene Man]

You are a catch for Mrs Pelican then. A guy who can multi task. SS in one hand and vomit wipe in the other... Wax on, wax off.

 

[goldpelican]

This was an increase from our US wholesaler.

 

[mmm....shiney!]

Thanks, but what are you doing up at 3.30am?

Cleaning up mini pelican vomit.

Errk, fish frames.

 

[Shaddam IV]

Morning.

Just got the news - ASE wholesale premiums went though the roof. About 50c hike per oz from our distributor.

So in a small way the physical silver price is just beginning to decouple from the paper price?

 

[sammysilver]

Thanks, but what are you doing up at 3.30am?

Cleaning up mini pelican vomit.

You should save the cleaning cloth as the acid in the vomit removes milk spots off Maples. I saw it on one of ozopper's clips.

 

[Silverthorn]

was looking at a US online dealer this morning and premiums for ASE seem on a par with those from the perth mint. The mints expanded capacity might start getting tested if they can't get enough ASEs.

edit

speaking of the mint they aren't accessible at the moment.