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<p>[QUOTE=&quot;dave92029, post: 998885, member: 26916&quot;]I&#039;m an accountant so lets run the numbers. Lets assume that you have $10,000 to invest in silver ASE. At $20.80 a 1% move is $.21, so the price could go down to $20.59 or up to $21.01 for that 1%. </p><p><br /></p><p>On a $10,000 investment 1% is equal to $100. A hundred dollars is a lot of money but when investing ten thousand dollars it doesn&#039;t seem like so much. Is timing your purchase to make an extra $100 needed to make a profit on $10,000?&nbsp; </p><p><br /></p><p>If Silver goes to $22 from $20.80 that is 5.7% increase. Based on the premiums/ discounts that dealers&nbsp; charge, (difference between Bid and Ask prices), you wouldn&#039;t break even.</p><p><br /></p><p>Based on the spread between Bid and Ask prices, PM must be a long term investment in order to make any money or you need to be risking Millions of $$.</p><p><br /></p><p>Whats that old saying: &quot;don&#039;t sweat the little stuff&quot;[/QUOTE]</p><p><br /></p>

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