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Gold/Mining/Energy : Gold Price Monitor
GDXJ 128.04+0.7%Jan 16 4:00 PM EST

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To: Michael Olds who wrote (28843)2/23/1999 2:15:00 PM
From: Timothy Liu  Read Replies (1) of 116874
 
The general wisdom is if you expect a volatile silver price, do not purchase silver bag because they are not liquid when the price rises rapidly. Coin dealers are reluctant to buy it back because it is illegal to melt them and they are afraid of left holding the bag (no pun intended) when price drops later on.

Tim
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