iShares Silver Trust (SLV)

[PeanutBuddaJamm]

I would think he means SLV is a derivative and not backed by anything. It’s a digital tracker—a play on the real silver market, but you only own the idea of silver and have no claim to any physical product. There are way more shares of SLV than the physical silver it is supposed to represent, from what I have heard. There are other investments which will allow you to take delivery, but this isn’t one of them. The good thing about SLV is it’s easy in and easy out, minus the premiums. I trade the digital for profit. I stack the silver for a store of wealth.