Spot Silver - over $27/ounce

GSR was at 100-1 so silver still has a lot of catching up to do relative to gold. Fingers crossed it breaks through $30 in the next few months

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Is there an ETF that rides this increase fairly well?

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SLV lags it a little bit, but it's probably as close as you will get in an ETF.

Looks like ZSL is the inverse/short ETF, so the opposite of SLV. I don't know why but in my short period of learning I seem to be leaning towards learning about and watch ETFs that counter each other.

Thanks again.

(If anyone knows of a thread on here that discusses this, bless let me know. I haven't nailed the search function yet. Thanks)

I’m in SLV and SIVR. They seem to track each other.

I’d stay away from SLV. I really don’t like PSLV either but I do own a bit. Physical is the best but premiums get outrageous during run-ups like this and you’ve gotta have a place to store it

Have been in EXK and HL. What a ride this past month

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What's the concern?

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A lot of documented concerns with the fund, mainly that they will change their prospectus on a whim and have done so several times over the past few years. And although they are supposedly the largest holder of physical silver in the world that claim is backed by silver that is held in vaults all over the world and leased and released who knows how many times. So basically I don’t like the fact that they are lying about owning the investment product that you are trading and I don’t trust blackrock at all.

PSLV is a sprott fund and they buy it physically and store it in the Canadian vaults and it is audited and verified. The only time they lose silver out of their vaults is when someone redeems a lot of shares for physical which is extremely rare because you’ve got to have a lot of shares to be eligible for physical redemption.

ETA if you’re liking for a quick in/out SLV is ok I guess. For people looking to actually invest in silver I’d stay away. A lot of people that like to short silver but want to stay away from the futures market prefer SLV but I don’t have any experience with that

Glad to see this... I've got a ton of pre-64 silver coins I'd like to unload as some point.

Best way to sell?

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pot Silver - over $27/ounce
Holy shite, something is going on.

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Anybody know what the Hunt brothers are up to these days...??

For reference, google Silver Thursday, i.e., Thursday, March 27, 1980.

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Well the sales tax they were pushing got voted down this week.

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I'm pretty sure those pushing the sales tax are descendants of the Hunt brothers who tried to corner the silver market in 1980.

Two of the three brothers are deceased and the only one still living is almost 100 years old.