Replies to post #35199 on iShares Silver Trust (SLV)

[surfer44]

First I would say having physical silver or gold would be only 5-10% of my portfolio as a diversifier and as a trading vehicle (because it is so difficult to value). I prefer to own a dividend paying silver stock like SVM as an investment and that would be only a small % of my portfolio (I have mostly non-commodity stocks).

For a bottom silver price I would say the cost of production. As for the rest of the price I would say supply and demand (industrial, jewelry, and investor speculation).

As for derivatives I have no idea. And the mechanics I have no idea. But I do agree the markets are manipulated.

But that still doesn't keep me out of the arena.:-)