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  • Silver: The Last Great Thing - For Now [View article]
    Less than 1% per year cost to store 3.5 billion worth of silver?
    You have any evidence to back this up? Or are you just guessing?
    Mar 03 23:15 pm |Rating: 0 0 |Link to Comment
  • Silver: The Last Great Thing - For Now [View article]
    it always amazes me how yearly production
    ratios of silver to gold keeps declining, currently
    about 7, and historically it's been around 14-15.
    Yet silver is still 50 times cheaper than gold. There's definitely something wrong with this
    picture.

    I'd definitely trade in my fiat dollars for silver
    @ this point.

    However I do not believe ETFs are the way to
    go. It's best to take physically delivery. That way
    you control the silver. To buy ETFs means giving
    your money over to an entity which may or may not hold the silver. It's basically an unallocated pool account. IF these SLV truly have the silver they would have quite substantial storage fees. Yet SLV or GLD charge a fraction of 1% in fund fees, and the spread is very low. This obviously doesn't make sense. That's why I believe these ETFs should be completely avoided, and the smart money knows this.
    Mar 03 22:24 pm |Rating: 0 0 |Link to Comment
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