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Re: Silver...

By: Beldin in CONSTITUTION | Recommend this post (0)
Fri, 05 Aug 11 5:45 PM | 33 view(s)
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Msg. 14251 of 21975
(This msg. is a reply to 14245 by DueDillinger)

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Do you also own units of Sprott's Physical Gold Trust? Seems if Sprott's is a better way to "electronically own" silver bullion, it should be the same for gold, as well, eh?

B.




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The above is a reply to the following message:
Silver...
By: DueDillinger
in CONSTITUTION
Fri, 05 Aug 11 5:42 AM
Msg. 14245 of 21975

SLV is run by JP Morgan--blatantly manipulated and doesn't have assets to match its value. I do play with SLV, but usually on the short side.

My core silver holdings (other than bullion) are units of Sprott's Physical Silver Trust (ARCA:PSLV or TSE:PHS.U).

http://www.sprottphysicalsilvertrust.com/

Also, SLW is a good silver proxy--making money hand over fist as they have silver streams contracted at $4/oz.

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