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<p>[QUOTE="InfleXion, post: 1305168, member: 29012"]5,000 oz of silver is indeed a lot to carry around. My remedy for this would be to get some gold. I would argue that silver is quite liquid however, because of the small denominations. It's much easier to exchange a ~$30 coin than one that's going for ~$1700. Paper contracts are more liquid, but you're not going to get cash in hand for them as quickly as you can for physical. </p><p><br /></p><p>The potential downside of investing in SLV or GLD is that they don't have the physical to back up their paper contracts. They don't even make any bones about the fact that they don't. You can't demand physical unless you have something like $50,000 in worth anyway. It's fine and well if you want to speculate in the market, but if you are stacking I would consider this move to be in the wrong direction. The upside with paper is that you don't lose out on the buy/sell premium spread. The only paper contracts that are fully backed by physical silver are with Eric Sprott's PSLV fund.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1305168, member: 29012"]5,000 oz of silver is indeed a lot to carry around. My remedy for this would be to get some gold. I would argue that silver is quite liquid however, because of the small denominations. It's much easier to exchange a ~$30 coin than one that's going for ~$1700. Paper contracts are more liquid, but you're not going to get cash in hand for them as quickly as you can for physical. The potential downside of investing in SLV or GLD is that they don't have the physical to back up their paper contracts. They don't even make any bones about the fact that they don't. You can't demand physical unless you have something like $50,000 in worth anyway. It's fine and well if you want to speculate in the market, but if you are stacking I would consider this move to be in the wrong direction. The upside with paper is that you don't lose out on the buy/sell premium spread. The only paper contracts that are fully backed by physical silver are with Eric Sprott's PSLV fund.[/QUOTE]
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