iShares Silver Trust (SLV)

[Elmer Phud]

136

Tell me why you think PROMISARY notes backed by NOTHING are going to retain or gain value?

I wouldn't say they are backed by nothing. They're backed by the FFaC (full faith and credit of the US Government). Exactly how that differs from nothing I'll let the reader decide for themselves. Currently the market gives that at least some value. Let me ask you this though. What magical value does gold or silver have other than the value that people give it and how does that differ from the value that people give to the FFaC of the US Government? Clearly there is some industrial value but what value other than that?

Don't that this as a hit piece. I have a vault with precious metals in it.