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<p>[QUOTE="medoraman, post: 1697678, member: 26302"]And to be fair, it was a good move in 2008 to pay the higher premiums to get an ASE for $18. Fair point. If silver pops back up to mid thirties, those who pay high twenties today are going to do well. How I view it is there are 3 possibilities, higher, same, or lower. Paying high permiums will be fine if silver goes higher. If it stays the same or goes lower, paying a high premium today simply magnifies the loss, since I believe in a few months of steady prices premiums will decrease to historical levels.</p><p><br /></p><p>So yeah, if you "know" its going back up into the thirties soon then buy today and pay today's premiums. I just don't like the odds, but I VERY WELL could be wrong. I never claimed to predict the future, just have an opinion like everyone else.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1697678, member: 26302"]And to be fair, it was a good move in 2008 to pay the higher premiums to get an ASE for $18. Fair point. If silver pops back up to mid thirties, those who pay high twenties today are going to do well. How I view it is there are 3 possibilities, higher, same, or lower. Paying high permiums will be fine if silver goes higher. If it stays the same or goes lower, paying a high premium today simply magnifies the loss, since I believe in a few months of steady prices premiums will decrease to historical levels. So yeah, if you "know" its going back up into the thirties soon then buy today and pay today's premiums. I just don't like the odds, but I VERY WELL could be wrong. I never claimed to predict the future, just have an opinion like everyone else.[/QUOTE]
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