SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Proud Deplorable who wrote (11138)5/12/2006 1:10:33 AM
From: aknahow  Read Replies (1) of 78419
 
The real thing? The real thing is that dealers of bullion and coins take too big a cut to really make physical a good investment. small guys get suckered in at 11% to buy and 11% to sell bullion and coins have a 30% spread. Sure a bull market will make buyers feel smart but that does not make it a good way to go.

The ETFs do result in physical being taken off the market entirely, one day I hope the average person will realize that the actual gold and silver aren't as good as paper if the guys selling it to you are scaming you. <g>

BTW

Profile as of 05/11/2006

Total Net Assets $894,489,787

Ounces of Silver in Trust 61,994,778

Shares Outstanding 6,200,000

Tonnes of Silver in Trust 1,928.2
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext