More Changes to $SLV Prospectus!:
"Risks Related to the Shares.
"A sudden increase in demand for shares that temporarily exceeds supply may result in price volatility of the shares.
"A significant change in the sentiment of investors towards silver may occur. Investors may purchase shares to speculate on the price of silver or to hedge existing silver exposure. Speculation on the price of silver may involve long and short exposures. To the extent that the aggregate short exposure exceeds the number of shares available for purchase, investors with short exposure may have to pay a premium to repurchase shares for delivery to share lenders.
"In turn, those repurchases may dramatically increase the price of the shares until additional shares are issued through the creation process. This could lead to volatile price movements in shares that are not directly correlated to the price of silver.
"The trading price of the shares has recently been, and could potentially continue to be, volatile.
"The trading price of the shares has been highly volatile and could continue to be subject to wide fluctuations in response to various factors. The silver market in general has experienced extreme price and volume fluctuations that have often been unrelated or disproportionate to factors such as silver's uses in jewelry, technology, and industrial applications, or cost and production levels in major silver-producing countries such as China, Mexico, and Peru.
"In particular, supply chain disruptions resulting from the Covid 19 outbreak and investor speculation have significantly contributed to recent price and volume fluctuations."
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