Point well taken. I was actually considering that on
Friday, but alas, I made the mistake of hoping the price would stay
fairly stable till Tuesday with London being closed. In
reality, with silver being such a thin market, the big boys in NY
can probably "rock the boat" on the price quite a bit.
Fortunately, the price has recovered a bit back to 45.
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SLV puts
The downside of having physical silver instead of SLV...
Posted by mfogli1 on 1st of May 2011 at 09:15 pm
Point well taken. I was actually considering that on Friday, but alas, I made the mistake of hoping the price would stay fairly stable till Tuesday with London being closed. In reality, with silver being such a thin market, the big boys in NY can probably "rock the boat" on the price quite a bit. Fortunately, the price has recovered a bit back to 45.