not sure how accurately these guys were making the market.. offers at AU$19.99 all day even when spot silver was at US$12.40 (at todays live rate AU$19.60, so about 2% premium).. and this is before any implicit deduction for fund's management fee..
It doesnt really instill much confidence that I should be buying this paper silver and will later be able to sell at a reasonably similar price to the spot market.. unless someone more clued on to this stuff might be pointing out where I am missing something?
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- ag etf is here . . . fridee
ag etf is here . . . fridee, page-22
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