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<p>[QUOTE="doug444, post: 1568962, member: 38849"]This argument over ML/ASE "purity" is one of the stupidest things I've ever heard.</p><p><br /></p><p>As cloudsweeper99 points out, BOTH contain a Troy ounce of silver, thus purity has absolutely NOTHING to do with investment potential. Furthermore, the so-called "spendability" has nothing to do with the situation either. IMO, the critical issues are:</p><p><br /></p><p>In favor of ASE:</p><p>1. More familiarity among American buyers;</p><p>2. More readily available in the U.S.;</p><p>3. Direct purchase supports the Mint and the Government.</p><p><br /></p><p>In favor of ML:</p><p>1. "Maybe" less vulnerable to confiscation;</p><p>2. Greater liquidity in Canada, where some Americans might soon choose to live until things calm down, in case of civil disorders or unConstitutional decrees or martial law.</p><p>3. Marginally lower price from a few bullion dealers; November 5, ML's are $2.25 over spot, ASE's are $2.75 over spot.[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1568962, member: 38849"]This argument over ML/ASE "purity" is one of the stupidest things I've ever heard. As cloudsweeper99 points out, BOTH contain a Troy ounce of silver, thus purity has absolutely NOTHING to do with investment potential. Furthermore, the so-called "spendability" has nothing to do with the situation either. IMO, the critical issues are: In favor of ASE: 1. More familiarity among American buyers; 2. More readily available in the U.S.; 3. Direct purchase supports the Mint and the Government. In favor of ML: 1. "Maybe" less vulnerable to confiscation; 2. Greater liquidity in Canada, where some Americans might soon choose to live until things calm down, in case of civil disorders or unConstitutional decrees or martial law. 3. Marginally lower price from a few bullion dealers; November 5, ML's are $2.25 over spot, ASE's are $2.75 over spot.[/QUOTE]
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