re: funny how ...- 4 frank1943
I only know about the Perth Mint, but there must be other 'outfits' around Australia. I have unallocated silver which has 1% commission charge when buying & 2% when selling(maybe the other way around), I purchased in apr & june 04 (a short term high/low) If you want allocated silver to use as a door stop or whatever then there is a minting fee.
I called in to check my selling price on wed & as it turned out thurs morn was the 'sell' time. But the buy/sell difference was 70c for 1 oz when I bought a 20c difference covered the fees.I had the same thoughts as Frank with the silver blow off top but as the trend is up we have to take the good with the bad.
Really buying silver is about a long term hold & any short term stuff is what the futures mkt is all about.
