MKR 7.46% 6.2¢ manuka resources ltd.

is something finally happening ?, page-42

  1. 3,102 Posts.
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    Any physical you have complete control over I wouldn't be selling that at all in these times. The best way to profit from a crazy silver move is to have legal ownership over 1000oz bars at some place that you can trade with. So you have to pay storage fees for that luxury.

    Perth Mint for instance have such capacity but make sure you have allocated. There are many "get outs" for Perth Mint in their contract if silver double or triples otherwise and I wouldn't trust it. And the paper markets are even worse in such a scenario, they will just shut down trade stopping you from being able to profit and bail you out at some "normal price" that they come up with. Whereas if you have actual bars somewhere (not that I believe they actually keep bars for you at all places) they will legally have to give you the silver if the worst happens. Perth Mint is supposedly backed by the WA government so it should be fairly safe to extract maximum value from the silver itself.

    Stocks will offer a better multiplier than raw silver price, just have to pick the right ones.
 
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Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
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