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philskie

philskie
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  • Significant Silver Withdrawals from COMEX [View article]
    The new silver ETF (SIVR) expects to see inflows of upwards of $1 Billion...or so I read. Where are they going to obtain this silver? I am very confused about the source of the ETF metal. From whom do they buy silver? I also thought there was a physical shortage so who is willing to part with hundreds of millions of ounces of silver to fulfill the orders of this ETF. I called them and asked if a share holder could take physical delivery if desired. The rep said only deliveries of 100 thousand ounces minimum could be processed and it would have to be coordinated through a participating market maker.

    Here is a link to the SIVR ETF website:
    www.etfsecurities.com/...

    Their Vault Report:
    www.etfsecurities.com/...

    How to Invest
    www.etfsecurities.com/...

    Their prospectus:
    www.etfsecurities.com/...
    Jul 27 05:17 PM | 1 Like Like |Link to Comment
  • Warnings to Precious Metal ETF Investors - Buyer Beware! [View instapost]
    Can someone tell me the important difference between the Silver ETF (SLV) and the new ETF launched this week in the US (SIVR) as described below...

    Here is a link to the SIVR website:
    www.etfsecurities.com/...

    Their Vault Report:
    www.etfsecurities.com/...

    How to Invest
    www.etfsecurities.com/...

    Their prospectus:
    www.etfsecurities.com/...
    Jul 27 05:00 PM | Likes Like |Link to Comment
  • Is Now the Time for Silver ETFs to Shine? [View article]
    Can someone explain what the difference between the well known silver ETF (SLV) and the new one (SIVR) as described below...

    Here is a link to the sponsors website:
    www.etfsecurities.com/...

    Their Vault Report:
    www.etfsecurities.com/...

    How to Invest
    www.etfsecurities.com/...

    Their prospectus:
    www.etfsecurities.com/...
    Jul 27 04:47 PM | Likes Like |Link to Comment
  • 5 Reasons Silver ETFs Will Remain in the Spotlight [View article]
    Could someone explain exactly what are the fundamental differences in accounting for three major investment areas of silver. COMEX, SIVR and SLV. What are the implications for the investor and what are the effects these holdings will have on the stability of the silver market?
    Jul 27 12:38 PM | 1 Like Like |Link to Comment
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