SILVER 0.30% $15.25 silver futures

In my opinion - they are speculative. And have all already run ....

  1. 5,026 Posts.
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    In my opinion - they are speculative.
    And have all already run . My thoughts .

    Unfortunately I bought EPTMAG - exchange traded fund - physical silver units .
    It’s a longterm position in my SMSF.
    Bought in late March - in volatile time, so must have been propped up & more expensive . ( demand ?)
    It still has not surpassed the high brokerage costs I pay to buy in and sell .
    I think the best silver mine companies are not on the asx .
    And Mexico ! Peru etc .. I would NOT be going near

    So - my exchange traded fund position will have to be my keeper .
    Alternative ‘money ‘ in my book .

    But not really profitable I’m sorry. Longterm I’m sure it will be . But not shooting the lights out as yet
    A speccie position would have been better .
    Last edited by Aqua65: 03/07/20
 
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