iShares Silver Trust (SLV): This could possibly be because of the sh...

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Re: Extreme4Reality post# 12386

Sunday, 03/18/2012 6:31:28 PM

Sunday, March 18, 2012 6:31:28 PM

This could possibly be because of the shortage of physical silver available on the free market and the requirement of the mint requiring US mined silver ONLY to be used for minting Eagles. There are actually enough Eagles available on the open market to keep buyers happy without more being injected by the mint. Besides, the mint knows something we don't about the future price of silver, why give it away for $32 an oz when it is going to be $150+ soon?

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