Silver

[royandroy]

Any suggestions on how I can invest in silver? Are there any ETF's?

[sasa]

No ETF's, but there is an ETN (Exchange Traded Note) Look at SBASAUG20, think the code is SBAS1 You can buy/sell on OST.

[PaulC]

alternatively you can buy junk silver (coins) or bars. Keogh coins in durban (I have no interest in the co I just do bus with Carl there) or http://www.lakeshoretrading.co.za/ you can buy silver bars and coins. David posts the gold and silver updated on tickertalk. NB Coins are exempt from the 14% vat so silver bars will appear pricey relative to spot. I bought a KG bar on monday to get to the cost use Spot silver Price * nOunces * 1.08 (mintage) then * 1.14 to get the VAT and you'll get your cost. Hope it helps - PaulC

[royandroy]

Thanks Paul!

[royandroy]

Thanks also sasa.