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[–] RawrRaz 0 points 2 points (+2|-0) ago 

IF YOU DON'T HOLD IT, YOU DON'T OWN IT!

That's more than a slogan. For every ounce of real physical silver available to be delivered into the market, there are upwards of 100 ounces of "paper called silver" traded in the market, and ostensibly "owned" by people like you.

Just when you might want to redeem your paper for physical metal, just when the price spikes and you say "Now is the time to take delivery," you will find the fine print in your "electronic contract" allows for you to be paid in fiat monies, the COMEX value of the silver that day. Chances are, the reason you wanted to convert from paper to physical had to do with a failing dollar, but you are stuck with it anyhow. Now this wouldn't always be the case, until a whole lot of people get the same idea as you, at the same time.

If by electronic commodity you mean something like bitcoin, that's a whole different animal. If this is your question, it might be better asked and answered in /v/bitcoin.

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[–] Werdd 0 points 1 points (+1|-0) ago 

Isn't silver and gold at a fairly high point now? Isn't it good investment strategy to buy when the value dips low instead of riding high?

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[–] SilverBanana [S] 0 points 1 points (+1|-0) ago 

It is. But my question was more physical vs electronic. If I have physical bars or coins, it might take me a while to get rid of them.

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[–] Werdd 0 points 1 points (+1|-0) ago 

No idea, don't know anything about investing in precious metals was just wondering.