iShares Silver Trust Message Board
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If the COMEX and LBMA are close to defaulting or have already defaulted in delivering gold and silver, why is PSLV and PHYS acting like paper silver and paper gold? I would expect there would be an expanded premium for the physical that would show up in the price of PSLV and PHYS as physical delivery got tighter. How tight does the physical market have to get before the tightness bleeds over to an increasing price of PSLV and PHYS.
I suppose the sale of naked shorts is one way to hold down the price of PSLV and PHYS, but that will mean the market is even more corrupt than I can imagine, especially if the shares are stolen from our accounts and settled for cash against our will. -
use the ignore feature of this web site.
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eliminates the large number of of #$%$ posts that he floods this message board with.
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I prefer PSLV because SLV may not have the silver it claims to have. If so, SLV will end up as worthless paper.
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I bought SLV a few years ago and the prospectus says it is redeemable if you have a basket, however, that exchange requires cooperation of an authorized participant. I could not find any authorized participant interested in changing a basket of SLV shares into silver bars. For me, SLV is a scam. I finally sold SLV and bought PSLV. Silver American Eagles and bags of junk silver (dimes and quarters) are an even better way to buy silver.if you are worried about the SHTF world financial event.
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NFP friday plus starting tomorrow will send silver to $27.50 or lower
by matx56 •Mar 6, 2013 10:43 PMare you related to that idiot Nadler that used to write a column on Kitco? you sure sound like him.