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re: This could be something....Look beyond equities, Silver to be the next short squeeze

Posted on 1/27/21 at 9:59 pm to
Posted by wahoocs
Lafayette, LA
Member since Nov 2004
22882 posts
Posted on 1/27/21 at 9:59 pm to
Yeah, I see that now, but I swear it said 14.29 an hour ago. Not sure how that changes. Maybe I’ve looked at so many numbers tonight, I’m losing it. LOL

Where did you see PSLV is the play tmrw over AG?
Posted by xGeauxLSUx
United States of Atrophy
Member since Oct 2008
21300 posts
Posted on 1/27/21 at 10:05 pm to
quote:

Where did you see PSLV is the play tmrw over AG?


Mainly PSLV over SLV.

good article:
https://seekingalpha.com/article/3827846-long-in-wrong-silver-bullion-etf

quote:

SLV stores the fund's silver bullion in London vaults and temporarily elsewhere. SIVR as well is more vague, storing silver in London vaults and "in other locations." There is the chance of silver being held in vaults elsewhere due to the fact that some of the silver holdings may at one time or another be found in unallocated accounts. This is compared to PSLV which stores its 100% allocated silver bullion bars in third party Canadian vaults.


PSLV is apparently the only easy instrument backed by physical silver and not paper. But if you check Twitter feed...I'm also hearing the argument for SLV over PSLV. Just going to be watching it REALLY close.


Just trying to relay what I'm hearing about getting into silver.
This post was edited on 1/27/21 at 10:08 pm
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