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Posted on 12/11/13 at 7:07 am to econ85
Everyone will have different reasons. SLV allegedly owns the metal, and trades at a premium discount. AGQ buys swaps, leases, etc, trades at a premium and has an extremely high expense ratio.
Neither are worth owning long term, merely paper to be traded to make money from those on the other side of the trade. In my case, I trade the paper around my physical holdings, along with options and futures contracts.
I own the metals based on fundamentals, and trade the paper on technical charts patterns.
Neither are worth owning long term, merely paper to be traded to make money from those on the other side of the trade. In my case, I trade the paper around my physical holdings, along with options and futures contracts.
I own the metals based on fundamentals, and trade the paper on technical charts patterns.
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