The Horns of a Dilemma: What Lies Ahead? [View article]
Congrats on your boy's driving accomplishments. Your little boy will never be gone you just have to be able to see him inside the man your boy is growing into. As for our economic dilema trying to tinker with the controls of a failed system(read monetary) will never be successful. It would be better to remove government from free markets and let free capitalism work by itself.
Don Dion wrote...Shares of SLV track the spot prices of silver and are backed by physical silver reserves. On February 3, New York–based SLV announced that the bullion holdings for the fund rose 77 tons, approximately 1%. This increase puts the fund at a record 7,530.2 tons of bullion, up 11% since January 2.
Don can you show where this silver came from? Comex, London, where? Can you document the flows of this silver? I agree with Gold Barron, buying SLV is buying paper silver and it may be suitable for a trading vehicle. Another problem I have with SLV is it is competing for capital for silver mining companies. There is also the question of shorting SLV, which is a naked short on physical silver. The more I look at SLV the more I believe it is anti silver.
The Horns of a Dilemma: What Lies Ahead? [View article]
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Don can you show where this silver came from? Comex, London, where? Can you document the flows of this silver?
I agree with Gold Barron, buying SLV is buying paper silver and it may be suitable for a trading vehicle.
Another problem I have with SLV is it is competing for capital for silver mining companies.
There is also the question of shorting SLV, which is a naked short on physical silver.
The more I look at SLV the more I believe it is anti silver.