If someone wants physical silver they have to get it where they can get it & for us Aussies it seems to me the safest & best place to get it is The Perth Mint. The big mark up is due mainly because the Aussie Dollar can't match the US Dollar just now, the Kangaroo 1oz & the 1kg cast bar are finished products compared to the US silver price that is just spot & not a finished product. Also The Perth Mint doesn't seem to follow the price fixing of the US Bullion Banks to any great extent. If i ever were to buy silver I think I would go for the 1oz Kangaroo coin, because if silver reached it's true value the kilo cast bar would be too high in value to easily transact. [ there is also a 1oz minted bar. ]
ARD Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
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