bcr

Silver: The Last Great Thing - For Now

Physical storage on $3.5B of silver costs far below 1% a year due to economies of scale. IIRC storing a few thousand dollars of silver costs ~0.75%/yr retail (kitco), just 0.25% more than SLV charges (0.50%). Even so I'm holding SLV for now, for convienence. IMHO the banking situation is not bad enough to justify physical delivery quite yet.