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<p>[QUOTE="GDJMSP, post: 276228, member: 112"]There is something else that you need to consider David - the spread. For example, if you were to go buy an ASE today at $14 - if you took it back to a dealer to sell tomorrow he would only offer you about 10% less than spot, or about $10.80. So in order for you to show any profit at all, silver would have to increase more than $3.20 an oz - or about 35%. And that would be a profit of only a few cents.</p><p><br /></p><p>If you bought bullion however, you only need to have an increase of about 20% to show a profit. See the difference ?[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 276228, member: 112"]There is something else that you need to consider David - the spread. For example, if you were to go buy an ASE today at $14 - if you took it back to a dealer to sell tomorrow he would only offer you about 10% less than spot, or about $10.80. So in order for you to show any profit at all, silver would have to increase more than $3.20 an oz - or about 35%. And that would be a profit of only a few cents. If you bought bullion however, you only need to have an increase of about 20% to show a profit. See the difference ?[/QUOTE]
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