As of 11/5/2013 IShares SLV had 337,510,405 ounces of silver in trust. As of 11/5/2013, IShares SLV ETF had 350,350,000 shares outstanding. Compare the cost per share to the cost of an ounce of silver yesterday and do the math.
sorry that is not physical man
that is paper he said show him the physical evidence meaning give him bars of silver to hold and feel and show that it is not leveraged at all and document that it is not leveraged with the serial number on the bars.
meaning if you borrowed it or own the silver they just lost it.
document no counter party risk for sure and verified by courts +
verify physical bars and ownership by only 1 party.
First of, noone need to prove that they don't buy silver since there is NOONE stupid enough to give money to buy nothing.
However if some idiots gave money to buy something the idiots must be pretty sure that their money were buying something.
The point is why investors give tjheir money to Goldman Sach and Co. who are using investors' money to manipulate these paper SLV so they (Goldman Sach) can take your money. US stocks markets are rigged. It's worse than casinoes. Buying silver is the only way to defeat Goldman Sach and Co.. Have ever investors had any chance to fight back as in the case of physical silver?