Question There is quite a difference between (for example) spot price on the $AUD 1Kg silver buy price to the purchase cost for physical posession of a bar (AKA premium) It looks highly probable that we are facing another global calamity should the sentiment in the Euro collapse, the short history of the breakdowns has seen a flight to quality in the $US. This is playing out again, however given the QE of both economies, we get a poor dollar conversion when the $hit hits. How do you see it, and how do you avoid the drop in our $ to the Us version after we have been purchasing PM at a premium (conversion + comission) Cheers Alfie
