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<p>[QUOTE=&quot;desertgem, post: 1119009, member: 15199&quot;]Reading the webpage and prospectus, it seem there is a premium of 18% or so over NAV to purchase. </p><p><br /></p><p>If you decide to redeem , and you want silver bars, the minimum is 10 London Good Delivery Bars of silver each weighing 750-1100 tr. oz. fees and delivery estimated at $5000. Their estimate is that the transaction would be about $225,050. If you have less than that amount to redeem you get cash minus a 5% fee. They also seem to be protected in that if they can&#039;t produce enough silver, they can pay cash anyway.&nbsp; Just my impression.&nbsp; 18% entry and 5% on hopefully a higher outgo is a large margin.&nbsp; Read the prospectus carefully before committing IMHO.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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