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Gold/Mining/Energy : GOLD-XAU

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To: IngotWeTrust who wrote (1283)2/9/1998 2:30:00 AM
From: paul ross  Read Replies (1) of 1756
 
I have a silver storage account with Wilmington Trust (a large precious metals depository in Delaware) and I am charge 75 basis points of the value of the silver stored, or 7/10ths of a percent. At $7/ounce, storage would amount to about $6.8 M per annum, assuming no volume discount.

As far as a different form for the silver, perhaps a Warren Buffet commemorative investor's coin 1 ounce 999 fine silver available on Home Shopping Network for $39.95? <g>

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