kjj:  i remember back when those premiums were wacky.  i can't remember exactly what ppl eventually concluded about that back then but i being a member of Bill Murphy's Le Metropole Cafe at the time, i think he was ascribing it to the silver backwardation on the Comex at the time.  you're right, it was a sign of things to come.

but what are the odds that it will repeat itself?