Replies to post #35592 on iShares Silver Trust (SLV)

[aljafy]

You do know your paper Silver! Do you flip SLV over and over based on your knowledge to make coin or have a better way of cashing in?

[Omar8]

I'm confused...




"At the top where is shows the bar graph. Where it says volume...Yesterday was 127,723. That is the amount of digit silver they created. There is 5000 units of physical silver for each unit of volume. So 127,723 x 5000. That is how much paper/digit silver they dumped into the market to smash the price. After they smash the price they fill physical delivery contracts. "



I'm confused if a contract is slv of the amount of 5000, so where did 638 million shares trade at ? The average daily volume would be much higher ?

[Omar8]

I guess down to last 2 days....



So should see under $25 some ?