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Gold/Mining/Energy : Silver prices

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To: Gary R. Owens who wrote (376)	1/8/1998 12:34:00 PM
From: Gerald Walls	Read Replies (1) of 8010

Can anyone comment on the best way to do this? I don't have enough money for some CBOE contract and not sure where I'd put a thousand ounces or whatever amount they sell. There are a couple of different silver futures. One is for 5,000 oz and the other is for 1,000 oz. The lowest premuim way to buy "small" amounts of physical silver is the $1,000 face-value junk bag. This has $1,000 in circulated US silver coins and is one of two weights (both around 730 oz, I think) depending on whether you buy all or no $1 coins. Call around to various coin and bullion dealers and you should have no problem finding them. BTW, 10 100-oz silver bars would take up about the same amount of space or less as the Phoenix, AZ yellow and white pages stacked together so you could get by with a moderately-sized safe deposit box or a small safe.

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