SLV prospectus amendment 3rd Feb

Discussion in 'Silver' started by AustralianAustrian, Feb 14, 2021.

  1. AustralianAustrian

    AustralianAustrian Member

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  2. Jason1

    Jason1 Well-Known Member

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    they need togo PSLV, , Leave SLV stocks alone
     
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  3. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I still see 1000oz industrial bars on the shelf but the local dealers wants to rip us off with 9% premium.
     
    Last edited: Feb 14, 2021
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  4. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I’ve wondered what happens when SLV can no longer source for the 1000 oz paper silver certificates or loans. Does it mean the price of SLV will exceed the silver it claims to have?
     
  5. AustralianAustrian

    AustralianAustrian Member

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  6. Millennial Engineer

    Millennial Engineer Active Member

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  7. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    So... silver going down? :confused:

    From the ^^ ZH article comments:

    "The prospectus change effectively allows them to sell-short an infinite amount of paper into the reddit/public buying, thus allowing an 'untightening' for the dealers in the physical market. Then once they take price back down, close out their paper shorts, inventories will be balanced again, and they'll have a nice profit to boot. SSDD"
     
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