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re: This could be something....Look beyond equities, Silver to be the next short squeeze
Posted on 1/30/21 at 7:54 am to rintintin
Posted on 1/30/21 at 7:54 am to rintintin
SLV Trust NAV went up 8.77% yesterday.
I did a back of the napkin calculation that means they added 36,887,400 ounces of silver yesterday to the trust.
To give you a comparison here:
Registered ounces in comex 149,509,868 ounces
Available to register 248,421,412 oz
397,931,280 total ounce backing
ishares Slv
This is getting interesting....
I did a back of the napkin calculation that means they added 36,887,400 ounces of silver yesterday to the trust.
To give you a comparison here:
Registered ounces in comex 149,509,868 ounces
Available to register 248,421,412 oz
397,931,280 total ounce backing
ishares Slv
This is getting interesting....
This post was edited on 1/30/21 at 8:22 am
Posted on 1/30/21 at 12:47 pm to misterc
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