Hello to all the Silver Bulls, well I was thinking about buying Silver Bullion today from the Perth Mint , But the costs involved are outrageous.Firstly from what I can gather ,we lose 23 Cents "US" between Buying and selling as per the Kitco Site Stats,and the perth mint charges 1% for a buy or a sell ,so a total of 2% for a Buy and Sell Trade. Ok so that means That I have to see a 34 Cent gain Approx in Silver "US" Cents to even make my money Back, and thats not taking into account the Aussie Dollar Value.Silver is still Cheaper today at $4.60 than it was three years ago with current Aussie Dollar Value, ie - it's still only valued at $7.50 Au.So other than a Ted Butler Price Breakout I cant see the value in buying Silver.Sure if what Ted says is true,then Silver will move Dramatically,but wer'e dealing with multinational companies that are holding the price back,and there are some big "if only's" in alot of the silver Bull Propaganda, so can Someone Plleeeeaase give me some better ways of investing in Silver,or a different Perspective.From what I can gather if I buy $20,000 Au of Silver Bullion Today,I lose about $1200 Au before the price even starts to move at all. That dont sound to Smart to me!!!!
