iShares Silver Trust (SLV)

[AlwaysRed]

That's exactly correct! FRN's can be paid for SLV contracts. SLV is NOT silver.

And there is PLENTY of silver in the earth for the bankers to fulfill delivery contracts.

There will certainly not be any failure to deliver. lol. Sorry to say.

I also have MOUNTAINS of silver. As I have said for years, I fell for the scam. I had a 1969 Camaro and a 1984 corvette that I sold to buy physical silver. At the time I sold my Camaro I got the fair market price for it, 14,500 dollars. If I wanted to buy the same car back today I would have to spend 60-65,000 dollars for it.

When I sold it and bought silver I believed that the metal was going to go to a kazillion dollars because the metal salesmen told me so. I bought my silver at the time at an average of 25 dollars. One of the biggest regrets financially I ever made.

Remember all the information we get about silver comes from metal salesmen. And they are VERY good at selling metals.

Economic collapse----Metal salesmen
Silver price to 100 - 1000 dollars-----Metal salesmen
Scarcity of metals------Metal salesmen


If the stuff is so valuable, why are they selling it again?