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Silver ETF
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Thread: Silver ETF

  1. #1
    ploeg Guest

    Default Silver ETF

    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...

  2. #2
    silver100 Guest

    Default Yes waiting we are!

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

  3. #3
    Join Date
    Aug 2007
    Location
    Miami, Florida
    Posts
    24

    Default

    Quote Originally Posted by ploeg View Post
    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.)

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