Wednesday, January 18, 2017 1:05:48 PM
Yes - there are ETF's backed with physical and they're fine, but I advocate boycotting the frauds - GLD and SLV !
The earlier point was about putting market demand back where it rightly belongs, on the miners and the physical metal.
ETF's blunt that demand. So do Streaming companies. Silver Wheaton is almost a parasite on the industry, while First Mining Finance seems more palatable. All streamers are not created equal !
The earlier point was about putting market demand back where it rightly belongs, on the miners and the physical metal.
ETF's blunt that demand. So do Streaming companies. Silver Wheaton is almost a parasite on the industry, while First Mining Finance seems more palatable. All streamers are not created equal !
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