Yes, We Have No Silver

[webmaster]

Subject:Yes, We Have No Silver
By: Sean Brodrick

Overview: As the price of silver pulled back under $10 an ounce recently, I started loading up on the white metal. Or, I should say, I tried to load up. While I was easily able to buy silver coins with numismatic value, my first attempts to buy silver bullion coins met with frustration. I think this says a lot about the silver market right now. On paper, it’s cheap. But in the real, physical market, silver is getting very precious indeed.

Link: http://news.silverseek.com/SilverSeek/1224691707.php

[daman4455]

I think author has plenty of money. Let him buy 1000 oz of silver bars readily available at London Spot rates plus 10/20 cents premium per oz to effect delivery. This will cost him about USD 9500 dolors per 1000 ozs in real money.Why he is so fussy about coins which require silver to be melted, minted and marketed further and cost of this human intervention is very high. Also it entails delay due to logistic and uncertainty of customer interest.

[mick silver]

If silver drop anymore , You well not by able to buy at any cost , Silver well dry up . That would of gave the big money player to take it off the market.Who know what well happen.

[Holidaysilver]

Turning 1,000 ounces or more purchased at under $10.00 and selling them an ounce at a time for $17.00-$20.00 makes perfect sense. Why the fuss? You ask, What fuss?

If Silver turns around and goes higher (it will) the profit increases. If you own 1,000 ounces, every penny price increase is worth $10.00. That makes every dime worth $100, and every dollar worth $1,000.

I know the spot price is low right now, but even at spot: an ounce of silver will buy 5 shares of Ford Motor stock, or 1.4 shares of General Motors. Compared to stocks, Silver still shines!