Commodity Trade Mantra

Posts Tagged ‘Silver COMEX Warehouses’

Silver and Physical Inventory Part 2 – The Big Silver ETF

Do you believe the ETF’s are actually backed by physical metal? We have some turnover in the SLV and it is counter intuitive. It has to do with avoiding SEC shareholding requirements and moving silver around that might be needed elsewhere. But generally speaking, I don’t have any reason to doubt that the SLV doesn’t have the silver to back the shares. I know a lot of people doubt it.

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