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Strategies & Market Trends : Ride the Tiger with CD

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To: Proud Deplorable who wrote (136621)	11/15/2008 3:30:11 PM
From: Claude Cormier	Read Replies (3) of 313060

You are wrong my friend. You can buy silver today for near $10/oz. What you cannot buy for $10/oz are fabricated items made of silver, like coins and small bars. I am not saying that silver eagles or maple leafs as well as small bars are not rare and therefore expensive. At the moment, they are and in that sense I agree with you. But they do not represent the true value of silver bought in 1000 ounces bar size or greater which you can obtain for near spot. In those size, silver is plentiful. In my opinion, the small investor buying those item is getting screwed. Ask a silver miner if he can sell the silver he produced yesterday for more than $10 per oz. The answer will be no.

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