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Alias Born | 06/16/2004 |
Thursday, April 27, 2006 7:48:57 PM
A) There's more volatility involved in the stocks
and
B) I prefer to own the physical, this is just an ETF, granted they'll claim to own physical, but it'll be at a JP Morgan controlled bank, what a joke, if I wanted to invest in b.s. banks I would!
...
Furthermore, if someone really wants to "trade" $ILVER, there best bet would be to do it on the real exchanges, NYMEX, CBOT, etc. Get the futures, and you can even purchase it this way. I'm like you, BUY THE REAL THING!
The ETF looks like a distraction, granted I'm super bullish on $ILVER long-term, I think it's best to get the physical and make the "shorts" squirm as I know there's a shortage right now of it...
Good luck everyone, this is going to be a blast to track... and I do hope it turns out to be a legitimate ETF with actual physical holdings, not just hype and b.s. like CNBC seems to be spinning lately.
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