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Precious metal

cpp324

Member
May 26, 2006
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Was thinking of investing in Silver

prices are at the peak right now around 40/ounce

is there a way i can buy the certificate or would i need to buy the actual silver bars?

any help or recommendations would be appreciated
 

oil&gas

Well-known member
Apr 16, 2002
14,004
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Ghawar
Here are two silver bullion funds trading on TSX:

Silver Bullion Trust SBT.UN
Sprott Physical Silver Trust PHS.U

Another bullion-holding fund trading on TSX Central Fund of Canada CEF.A
has half of its assets allocated to silver bullions the other half to gold.

You may also consider buying into a ETF tracking silver prices. Other than
(SLV:NYSE) there must be a few others.
 

fuji

Banned
Jan 31, 2005
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¯\_(ツ)_/¯
is.gd
There's also kitco.com, you can either take delivery of silver from them, or invest in one of their pool accounts.
 

Moraff

Active member
Nov 14, 2003
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Was thinking of investing in Silver

prices are at the peak right now around 40/ounce
I'm neither an investor nor did I stay at a Holiday Inn Express last night. If prices are at a 'peak' right now doesn't that imply their value is going to go down? Wouldn't it make more sense to buy in a valley?
 

PDSAjax

New member
Jun 1, 2007
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I buy my gold and silver from these people www.bullionvault.com (Yes I know it is a referral link...). they only deal with Good Delivery Bars, or fractions as low as 1 gr thereof, so your investment remains secure in a vault in London, New York or Zurich. Commissions are low, Vaulting and insurance fees are low, transactiona and custmer service turnaround is fast and I find them extremely pleasant and easy to deal with.
 

cpp324

Member
May 26, 2006
40
0
6
thanks for all of the replies.

I am certainly no expert but i haven't seen any real valley's over the past couple years. I have a few 100 ounce silver bars in a saftey deposit box. i bought it around 13/ounce. i figure buying more will average me at 28-30 an ounce and give me some growth potential if prices rise.
 
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