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To: Tommaso who wrote (271408)12/18/2003 9:01:09 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
There may be "better things"....but it's not bullion, which is what I'm after. As far as buying physical, well, that's a good idea, too, but you can't easily do it in an IRA (at least until the gold holders are public, and they don't hold silver).

One other advantage of CEF is that it's in Canada. The US has seized private bullion once in the last 100 years. It's not a major concern now, but who knows what the future will bring...

EDIT to prior post: Try getting silver bullion at less than a 10% primo to spot...not possible (except by accepting Comex delivery).

CEF traded at a discount at the nadir of the precious metal "bear"...not likely to get back down there anytime soon, IMHO.