SILVER ETF PETITION OVER 1,000 Monday, December 05, 2005 - FreeMarketNews.com by staff reports
The Silver Association issued the following press release after 1,000 concerned investors and others interested in the well-being of the silver-market signed its petition promoting the offering of a controversial Barclays' exchange-traded silver fund:
"Within its first two weeks of being launched, the Silver Association's petition for the silver ETF has surpassed 1,000 signatures. Through word of mouth, and the power of the Internet, the grassroots movement supporting the silver ETF has circled the globe. A diverse group of people ranging from small investors to institutional investors and mining executives are joining together to issue a declaration that silver should be traded freely through an ETF.
"Through the support of its members, the Silver Association is rapidly gaining the influence necessary to tell the SEC an undeniable truth. Where there is demand, there must be a free market system in which silver can be traded. The silver ETF will provide a vehicle for silver to be traded with increased liquidity desired by market participants. Therefore, the SEC should approve the Silver ETF."
(Disclosure: FMNN and its executives may have professional relationships with some involved in the Silver Assoc. but no interest of any sort, financial or otherwise, directly or indirectly.)
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