Anyone who buys a precious metal ETF is asking to get screwed. The banksters have been promoting them to draw off demand from physical. They're frauds.

For ordinary investors, stick to bullion coins and take delivery. Silver coins are clearly the best bargain of all. Like, gold, the banksters have suppressed the price with the difference that silver being an industrial metal, above-ground-supplies are diminishing fast. It is only a matter of time when demand for physical exceeds the bank's ability to suppress the prices. Take advantage of the bargains while they last. Treat such purchases as long term investments. After a 25 year lull, they have been the best investments during the past ten years. The next ten years promises to be much much better as the dollar enters its last years.

Ray you think these insane prices will hold?

What is insane is the value people place on worthless paper money. It's a faith based currency with no future.

Gold has strong support at $1,000, and silver at $16. This is an excellent time to buy. A 10% markup over the base value is common. Dealers take an additional 3%.

Since when did you become interested in precious metals? I suspect you're playing games with me.