PSLV is supposed to be the most trusted Silver fund. I believe they are backed by the Royal Canadian Mint. Now the question is 'how much do you trust the Canook Govt' especially with how socialist they've become. I mean for gods sake, they refused to hold a national election cuz 'muh covid'.
Most of my silver is with my boat at the bottom of a lake :.(
PHYS is the same as PSLV except it is for gold. Both are Sprott funds(the company that runs them)
Sprott is pretty trusted in the PM world and known as being the only PM ETFs that are audited and backed by hard metals.
Best do your own research though. The consensus is that Sprott is honest and has the metal to cover the shares they sell. If you have enough shares of PSLV for 10,000oz, you can request delivery. Each share of PSLV is .28 oz of silver I believe.
PSLV is supposed to be the most trusted Silver fund. I believe they are backed by the Royal Canadian Mint. Now the question is 'how much do you trust the Canook Govt' especially with how socialist they've become. I mean for gods sake, they refused to hold a national election cuz 'muh covid'.
Most of my silver is with my boat at the bottom of a lake :.(
Stay away from SLV tho.
Ty, any recommendations for gold?
PHYS is the same as PSLV except it is for gold. Both are Sprott funds(the company that runs them)
Sprott is pretty trusted in the PM world and known as being the only PM ETFs that are audited and backed by hard metals.
Best do your own research though. The consensus is that Sprott is honest and has the metal to cover the shares they sell. If you have enough shares of PSLV for 10,000oz, you can request delivery. Each share of PSLV is .28 oz of silver I believe.
Stack what you can afford!
PHYS didn't come up when searched in WeBull. Odd right?
Hmm... It pulls up on my WeBull app when I search it.
Found it by searching sprotts
You can also try CEF.
Don't buy gold and silver stocks. If you can't buy physical, then you're better off buying mining stocks.
I have some bayhorse silver mining stock.
Avoid Barrick gold. Cabal tied, and Warren Buffett recently closed his position.