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Posted 10/10/2008 9:39 pm
How silver prices should be considered:
"Spot Price" = A 'Silver Futures' price. In other words, what a 'paper' one troy. oz. silver 'share' is worth.
"Physical Silver Price" = Check ebay and your local bullion dealers
NO surprise to me that the 'spot' price is so low: Brokers right now are selling their Gold and Silver Futures (notice that I said futures, not physical metals!) to pay their margin calls in a plummeting market. Once that's done with......
"Spot Price" = A 'Silver Futures' price. In other words, what a 'paper' one troy. oz. silver 'share' is worth.
"Physical Silver Price" = Check ebay and your local bullion dealers
NO surprise to me that the 'spot' price is so low: Brokers right now are selling their Gold and Silver Futures (notice that I said futures, not physical metals!) to pay their margin calls in a plummeting market. Once that's done with......
Edited by DNA
10/10/2008 9:41 pm
10/10/2008 9:41 pm
