Remember I expressed that I didn't like SLV and what they put in their perspectus. Well they took it a step further. Be very very careful with this investment. The only reason you invest in SLV is that they store your silver, but that may not be the case. You only change the language, because you want to be shielded. Here is what they recently changed:
Alastair MacLeod has provided a dynamite commentary with respect to the GLD and SLV where the proprietors have changed their prospectus' to reduce the security for these vehicles. You may not have the protection you thought you had as it puts the custodians of those vehicles off the hook.
Read the article by googling it. They either have your silver or they pretend they do.