iShares launches physical gold, silver, platinum and palladium ETCs

Discussion in 'Silver' started by ozbullion, Apr 11, 2011.

  1. ozbullion

    ozbullion Well-Known Member Silver Stacker

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    iShares, the Exchange Traded Funds (ETF) platform of BlackRock, Inc.has today launched its first physically backed Exchange Traded Commodities (ETCs) in the UK, offering high quality, transparent and liquid exposure to four popular precious metals.

    source: http://www.commodities-now.com/news...r-platinum-and-palladium-etcs-on-the-lse.html

    What do you guys think? Will it drive up the metal price because demand of physical stock increase?

    recommendation: keep stacking before it goes higher?
     
    ozbullion, Apr 11, 2011
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  2. rbaggio

    rbaggio Active Member Silver Stacker

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    Sounds to me like another way to soak up the upcoming investor appetite for precious metals, without needing to actually hold the metal. Even though it says its held in secure vaults.

    The prospectus for these funds should make good reading. Can you take delivery?
     
    rbaggio, Apr 11, 2011
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