you know i was thinking that a long on the initial drop would be a good idea.. (note to myself "must act on my ideas")
.S. SEC backs rules to list iShares Silver Trust Tue Mar 21, 2006 11:45 AM ET
WASHINGTON, March 21 (Reuters) - The U.S. Securities and Exchange Commission said on Tuesday it has approved rule changes that will allow the American Stock Exchange to list shares in Barclays Plc's <BARC.L> iShares Silver Trust.
"In effect, purchasing Silver Shares will provide investors a new mechanism to participate in the silver market," the SEC said in an order.
Each Silver Share will correspond to 10 ounces of silver, the SEC said
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