I Know right? The last time silver was anything to talk about was 2011 - dude works 45 years to bow out right before the peak? Weird - strange things afoot at the circle K for sure.....
Physical silver is in VERY short supply. I'd make sure they actually have the physical because people in the paper silver market are going to get screwed.
can and will - blended basis per share is $9.90 so i need to wait for it to get back to $10 at least to break even/small gain. also - not sure if there is any other strictly 100% backed physical silver ETF"s. I dont want to buy actual physical right now because the premium spread mark ups are brutal right now (10% plus mark ups) where as Sprott has buying power and direct sources to comex so you are only paying 2% mark up over spot techinically. you own the physical, but they store it in there vaults. plus i could not find 1.75 tons worth of 1000oz bars right now to exchange out of investment .
I Know right? The last time silver was anything to talk about was 2011 - dude works 45 years to bow out right before the peak? Weird - strange things afoot at the circle K for sure.....
Following. when the reddits were going to the GME moon, and talking silver, I also bought PSLV. I did not go in $500k, but in all the same.
My understanding PSLV is physical so less risk, but I would make some inquiries for sure.
Physical silver is in VERY short supply. I'd make sure they actually have the physical because people in the paper silver market are going to get screwed.
Why don’t you diversify that investment if you’re nervous?
can and will - blended basis per share is $9.90 so i need to wait for it to get back to $10 at least to break even/small gain. also - not sure if there is any other strictly 100% backed physical silver ETF"s. I dont want to buy actual physical right now because the premium spread mark ups are brutal right now (10% plus mark ups) where as Sprott has buying power and direct sources to comex so you are only paying 2% mark up over spot techinically. you own the physical, but they store it in there vaults. plus i could not find 1.75 tons worth of 1000oz bars right now to exchange out of investment .
Check out www.goldmoney.com or www.kinesis.money for a convertible crypto. Both are legit
Is it wrong to expect to hear "Never gonna give you up..." when I click a link about this rick guy?