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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
Posted by misterc
Louisiana
Member since Sep 2014
701 posts
Posted on 1/30/21 at 7:54 am to
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....
This post was edited on 1/30/21 at 8:22 am
Posted by BobRoss
Member since Jun 2014
1694 posts
Posted on 1/30/21 at 12:47 pm to
LINK

Interesting watch for anyone in our play.
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