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Platinoid
Member since May 2012
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has posted a comment on the article :
>The Paper Silver Market is 250 Times the Size of the Physical Silver Market  - Fabrice Drouin-Ristori - GoldBroker.com
Zhanglan:
Many thanks for the further research.
I'm not so much a punter as the punted.
I've paid a huge premium on the spread on silver
and again, retail spreads vary and can be brutal.

Years ago, I bought silver bars thinking the ingots
would have lower margins, but it just has not stood the
test of time. Rounds and even coins tend to have the
better bid-offer spread, so I went through a round phase.

Now I just suffer the extra points and buy government coins only,
so call me a slave to the banks, but I can arrange leverage with
the coins I can't get with rounds or even ingots.

Why silver? for the small DCA retail investor like me, the time it takes
to secure enough funds to buy gold I miss all the dips.

Besides, I bought into the physical scarcity argument and historical
low- price argument for silver, maybe makes me a football, but
the volatility of silver has a large potential upside, or,
maybe those arguments won't pan out, and I should get back into gold.

Yes, I always form my own opinion, and as you can see, I always want to
check on an intelligent contrarian viewpoint to the one I've been investing by.

Thanks for your input Zhan.....

Plat


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3572 days ago
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Beginning of the headline :Bloomberg recently published an article on the discussions taking place concerning the establishment of a new « fix » on the silver price. The old « fix » will end on August 15, 2014, bringing potential consequences that I’ve already analysed. What is interesting in this Bloomberg article is not so much that discussions have taken place to determine a new way of fixing the price of silver, but rather the information about the scope of the silver market. The article states that the size of the... Read More
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