For prices of five-cent increments, this isn't an issue: Five cents: Use a quarter. If you insist on using a dime, you get no change. Ten cents:...
When I said it isn't a problem of the US gov't, I didn't mean it isn't a problem FOR the US gov't. I meant that the US gov't didn't create the...
Kasia, do you have a copy of the actual paper? The preview basically says nothing. I'm curious (but not $10 curious) to see what the specified...
The current slabs are not airtight. If they were, PCGS wouldn't post the water or smoke clauses in their grade guarantee. An airtight slab would...
For what it's worth, I advocate for elimination of the penny (and the nickel), with the "change" being allocated to taxes. I don't think we should...
Even if you take the most liberal of exposure numbers to PIIGS economies, the US Treasury's exposure is $641B. That is basically around 3-4%. The...
FWIW, if PIIGS default, that would likely cause another flee to the dollar which would result in the dollar-denominated value of PMs going down,...
The answer depends upon where you live, what type of pollution is present in your area, etc.
Are you certain of this? I'm pretty certain you're wrong. Chemiluminescence is an exothermic chemical reaction. You don't "feel" heat because the...
Doing away with the first saves the US gov't $133mm a year. Doing away with the second saves the US gov't $1.546T a year and removes about $116T...
1) The dollar (as most take it to mean) is represented by Federal Reserve Notes. FRNs are backed by debt issued from the US Treasury. 2) I...
I come to a slightly different conclusion, given Mr Durden's posting a week later about Zimbabwe going onto a gold standard. The problem with the...
You can't transact precious metals without the physical commodity necessary to fulfill the demand. That was the entire point of HR 4173. If...
I wasn't saying that you couldn't short SLV. I was saying you can't short it then use the proceeds in the futures market for silver. The reason...
Jason Hamlin's Seeking Alpha profile basically says that at some point he was eligible to be a financial advisor. It says nothing of any...
I'm fairly certain (but can't recall why) that isn't possible anymore. I believe commodities ETFs are still governed by futures requirements. Even...
There are 300 shares sitting long and 100 shares sitting short. The net is still 200 shares long. Think of it in terms of the actual transaction...
When anything is shorted, it has to be borrowed from someone else. So, in the case of SLV, this would be the result: Person A owns 100 shares of...
BTW, the above explanation also shows why silver won't appreciate above $50 for a while. We need to have "peak silver" to see that happen. Silver...
The problem with this is the applicability of the situation. If silver drops below $14/oz, it will likely fall all the way to $5 or so per ounce...
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