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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?

To: Bill Jackson who wrote (14014)	11/2/2000 7:25:25 AM
From: re3	Read Replies (1) \| Respond to of 14627

Bill, really, on this, i think its important to note that anyone who bought silver bullion in the last year and held would have lost a whole lot less than anyone who bought pfg and held... silver bullion and such is a bit like real estate. one doesn't (can't) liquidate if one is up a few percent, whereas with stocks, many hope to sell within literally seconds of buying. the friction costs for the little guy to liquidate their silver is too high anyway. i once checked the quotes for silver at bank of scotia. the spread was 8 %. sounds to me that if a person owns silver bullion, they are not selling unless the return is larger.