The premium is less than $0.90 per ounce. The gains are taxed at a much lower rate than physical, and physical requires storage. You can be amusing, but only because you're such a clown.
My parents told me to never argue with ignorance. :)
The premium at one point was 23%. Sure, now that people are catching on to what a ponzi PSLV the premium has crashed with all the secondaries. If you ever need to use silver, you won't have to worry about something as trivial as tax rates at that point. Trust me. You are a baffoon.
"you won't have to worry about something as trivial as tax rates"...Now that's funny!