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<p>[QUOTE=&quot;Cloudsweeper99, post: 629447, member: 3011&quot;]To answer one of your original questions, the spot price is the paper price for silver.&nbsp; It&#039;s established in the futures market where only a tiny number of contracts are settled in metal and most are settled in cash.&nbsp; Also, coin silver is one of the highest and best uses of silver.&nbsp; Coin silver has a known weight and purity and doesn&#039;t require an assay, so it is worth at least some premium over a 1000 ounce bar that requires storage fees and possibly an assay if it is removed from a Comex warehouse.[/QUOTE]</p><p><br /></p>

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