Silver ETF

[ploeg]

Does anyone visiting this board have any info on the ETF?

Today is March 13, 2006 (Friday the 13th comes on a Monday this month...)(Churcy LaFemme - Pogo)

I am assuming we are all (silver investors) just sitting and waiting...

[silver100]

Just sitting around waiting for news. May take some weeks still? Unsure. Silver sure looks good though!

[Miami]

Does anyone visiting this board have any info on the ETF?

Today is March 13, 2006 (Friday the 13th comes on a Monday this month...)(Churcy LaFemme - Pogo)

I am assuming we are all (silver investors) just sitting and waiting...

I had bought some silver ETF shares when the dollar index dropped below the 80 mark a few weeks ago then my broker sent me some info about that ETF which was that in less I bought enough shares to make a basket which was like 1000 or 50,000 shares I could never actually redeem it for physical silver. So all that ETF is is paper. Just as the $ is fiat money so are the shares that I had bought unless I had a basket. And I am not wealthy so in my opioion ETF's are for only short plays if you think the dollar would collapes ( which most silver investors believe.)