Tell you what, send me some money, and I’ll send you some paper with my signature telling you how much silver IOU if you purchase a mere $12 million dollars more and get a bank charter and pay for shipping and handling
Read the ETF, physical delivery is only for “authorized persons”
Clearly a scam, you’d have to be a fucking idiot to buy SLV, PSLV I could see, but SLV, no way
Those ETFs have been a fraud since it's inception, so I wouldn't advise anyone to purchase them. It's sole aim is to deflect the demand away from the physical market.
Its much easier to squeeze the physical silver market. The last ten years sheeples laughed at me when I bought and talked about metals.
I even said to Harrison Ford, the actor, he should buy physical gold. Maybe he did, but he will for sure remember that evening.
And aside from some minor premiums you're basically putting away savings which has some nice benefits (undervalued and potential for price appreciation even in addition to the still decent gains we've been seeing recently, you're less likely to sell it and buy something stupid which you'll regret).
I meant to say SLV, apologies. They hold SLV, and although buying physical may still effect SLV's price for them, holding physical is still a wise decision, especially if the grid goes down or the manipulated market system collapses.
5th largest holder of SLV, not silver
Right, SLV, huge difference. Thanks for the correction!
Lol etf
Tell you what, send me some money, and I’ll send you some paper with my signature telling you how much silver IOU if you purchase a mere $12 million dollars more and get a bank charter and pay for shipping and handling
Read the ETF, physical delivery is only for “authorized persons”
Clearly a scam, you’d have to be a fucking idiot to buy SLV, PSLV I could see, but SLV, no way
That’s what it appears to me!
Right! My poor oversight for the title. Physical should still be a good idea.
Those ETFs have been a fraud since it's inception, so I wouldn't advise anyone to purchase them. It's sole aim is to deflect the demand away from the physical market.
Its much easier to squeeze the physical silver market. The last ten years sheeples laughed at me when I bought and talked about metals. I even said to Harrison Ford, the actor, he should buy physical gold. Maybe he did, but he will for sure remember that evening.
And aside from some minor premiums you're basically putting away savings which has some nice benefits (undervalued and potential for price appreciation even in addition to the still decent gains we've been seeing recently, you're less likely to sell it and buy something stupid which you'll regret).
Is physical XAG or do you mean literal physical silver
I meant to say SLV, apologies. They hold SLV, and although buying physical may still effect SLV's price for them, holding physical is still a wise decision, especially if the grid goes down or the manipulated market system collapses.
physical silver means a silver dollar of one ounce for example. A thing for your physical wallet.