iShares Silver Trust (SLV)

[hotrod34racer]

Let me see if I have SLV right, you guys are buying into the idea of silver? Someone else holds the goods and your paying for it, can this be correct?

Don’t get me wrong, I’m not bashing just trying to understand the concept here. I like silver as well, even own some, nice little pile of bars.

Could someone please explain the advantages of buying stock in a silver holding company as apposed to just buying more bars?



Thanks all for your help in understanding

P.S. my thoughts and prayers go out to Japan.