Message:

<p>[QUOTE=&quot;harrync, post: 2857314, member: 58588&quot;]Yes, rolling over expiring contracts can be a hassle - one reason I never took that approach. But taking &quot;paper&quot; delivery was no more complicated [or risky] than buying stock and leaving it in your account in your brokers name. My broker paid my very modest storage fees out of my account balance, so there was really nothing for me to do - that bar could still be there in my name if I hadn&#039;t sold it, and I would have had to do nothing for the last 40 years except make sure my brokerage account had enough cash in it to pay the storage. And don&#039;t confuse a Chicago Board of Trade approved warehouse with &quot;Joe&#039;s Local Corner Storage Vault&quot;. Your are taking a substantial risk using one of those private storage vaults, just like you take a risk keeping bars at home. I don&#039;t think anyone has ever lost a bar in one of those exchange approved storage facilities. But every once in a while, I read of stuff disappearing from a private, unapproved facility; just like I frequently read of homes being ransacked.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in