...So I made my first and only purchase of physical silver bullion back in the summer of 2008, when the price of silver was approximately $13.50 per oz. (a monster box of Canadian 1 oz Maple Leafs). Since then, I've only accumulated junior resource equities. Perhaps it should of occurred earlier, but AUM's decision yesterday was an ''ah ha'' moment for me. If a mine with silver grades of greater than 6 oz/t ( http://www.goldenminerals.com/rampup-velardena-resource.php )and having gold at 3+g/t, cannot break even, in a jurisdiction where the cost of labour is probably only 40% of that of either the US or Canada, I really need to step up to the plate and start buying physical again !!

Cheers, Luker