SILVER 0.30% $15.25 silver futures

20% correction imminent, page-48

  1. 392 Posts.
    Look at this

    http://www.ebay.com.au/itm/Copper-Bar-Walking-Liberty-2011-1-Lb-999-FINE-/300557602377?pt=AU_Bullion&hash=item45faa10e49

    1lb of copper for $28, that's a fairly hefty premium to spot!


    I already told you, go buy as many future contract's as you want, you'll be legally entitled to take delivery, you don't have counterparty risk, that's the role of the exchange.
    The (eventual) seller will notify of the delivery place (they have a choice of 3 or something different destinations).
    You can do it right now, lock in as much silver as you could possibly buy @ $34/ounce and you'll have it in under 2 months.

    Wholesale buyers don't get to walk down Perth CBD to pick up huge mining deliveries, so you might have to work out how you're going to get the silver home.

    Just because the Perth mint is out of 100 ounce bars doesn't mean the world has no silver lol..
 
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