% | $
Quotes you view appear here for quick access.

Silver Wheaton Corp. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • silveraccordian silveraccordian Aug 21, 2007 5:49 PM Flag

    A Glut of Silver

    You have some good points ...but there is no glut of one is dumping silver bullion into the markets to take the price down...what is going on though is people are selling their ETF's like SLV to make their margin calls on the hedge
    type CDO's and the like and of course that has the same effect...but that is not real delivery of silver bullion but paper silver shares unallocated and never taken for delivery ...guess what...? the industry will need to replenish their inventory soon and the Amero will be backed by silver so I see that in the long run silver looks very profitable...the powers that be do have the power to manipulate the market with pixelated ledger sheets of silver sales so that is the problem we face
    until real delivery of bullion has to be made....

    SortNewest  |  Oldest  |  Most Replied Expand all replies
12.69-0.01(-0.08%)Nov 25 4:02 PMEST