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Strategies & Market Trends : Strictly: Drilling II

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To: big guy who wrote (25017)1/8/2003 9:45:10 AM
From: re3  Read Replies (1) of 36161
 
re CEF...i once inquired about buying physical silver over a couple years ago...june 2000...the buy price was 5 per ounce, the sell price was 5.40...so with an 8 % spread and the cost of storing, etc...perhaps people are just willing to pay a premium to own the pretty much only choice of a closed end fund that holds such precious metals...
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