I got a bunch of SLV....supposedly, it is Blackrock buying physical silver and taking delivery to match up with silver at its price each day. My feeling is that won't crash but will continue to rise with silver prices...but then the federal government will come in, as Silver is now a critical asset, and take all of the physical silver and will print money and provide a payout at "market" where the fund will be liquidated and shareholders will receive distributions of hyperinflating fiat...Blackrock is just an agent of the federal government in my opinion....so makes sense that it will be used as a quiet way for the government to accumulate silver.
SLV etf - when to sell?
I got a bunch of SLV....supposedly, it is Blackrock buying physical silver and taking delivery to match up with silver at its price each day. My feeling is that won't crash but will continue to rise with silver prices...but then the federal government will come in, as Silver is now a critical asset, and take all of the physical silver and will print money and provide a payout at "market" where the fund will be liquidated and shareholders will receive distributions of hyperinflating fiat...Blackrock is just an agent of the federal government in my opinion....so makes sense that it will be used as a quiet way for the government to accumulate silver.
I've got a Bridge for you...
Before they announce all their silver held in JP Morgan vaults is gone.
Yesterday.