I like silver and had a nice position in it.

My views changed over time from physical hold of it to a blended physical and paper.

I buy physical when somebody is in trouble and needs quick money, I may pay below spot or spot not a penny more. Overspot buying and underspot selling only makes the dealers money, way to much overhead for me.

I like metal on paper, I can trade it without the overhead. So a blended physical and paper.