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Silver dropped to $12 now is back to $15 in only two. Did it impact you?
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<p>[QUOTE="medoraman, post: 4291713, member: 26302"]You do know ETFs are not the same thing as futures and options, right? An ounce of ETF ownership is back by an ounce of physical metal. I was referring to ETF ownership, not futures. Get enough ETF contracts and there are provisions for getting the metal in return.</p><p><br /></p><p>Either way, I don't care. I was trying to show you how to lock in a lower PM price when your physical dealers are trying to hose you, but you know what they say about a horse and water.....[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4291713, member: 26302"]You do know ETFs are not the same thing as futures and options, right? An ounce of ETF ownership is back by an ounce of physical metal. I was referring to ETF ownership, not futures. Get enough ETF contracts and there are provisions for getting the metal in return. Either way, I don't care. I was trying to show you how to lock in a lower PM price when your physical dealers are trying to hose you, but you know what they say about a horse and water.....[/QUOTE]
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Silver dropped to $12 now is back to $15 in only two. Did it impact you?
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