podrag
14th October 2008, 07:03
I know that First Majestic and PAAS have produced a few silver rounds for marketing purposes but they didn't really make much of a profit from them.
Is there any news on the horizon of silver miners creating retail silver bullion products in order to take advantage of the price disparities between fantasy silver and real silver?
David Morgan mentioned something about it in the Morgan report this month but I can't find any further info.
By using the paper price all they seem to be doing now is playing backstop for the very people who are screwing them over. surely they've got to be thinking about using the 10 ounce-bar price ($16/ounce) instead of the 1000 ounce-bar price ($11/ounce).
Just a thought.
Is there any news on the horizon of silver miners creating retail silver bullion products in order to take advantage of the price disparities between fantasy silver and real silver?
David Morgan mentioned something about it in the Morgan report this month but I can't find any further info.
By using the paper price all they seem to be doing now is playing backstop for the very people who are screwing them over. surely they've got to be thinking about using the 10 ounce-bar price ($16/ounce) instead of the 1000 ounce-bar price ($11/ounce).
Just a thought.