Replies to post #23980 on iShares Silver Trust (SLV)

[azguitarist]

It seems as though the fed tapering topic comes up every month to drive this down and it hasn't occured. I doubt it will happen given the jobs report that came out Friday so we should see a run up in the next week. Would you agree?

[Z3R14L]

I hope you are correct because I'm ready to collect on this on move on to the next opportunity you know :)

[lady glueck]

slv outflow (shares outstanding on week-over-week) an approx $46.7 million dollar outflow — that’s a 0.6% decrease week over week (from 353,350,000 to 351,250,000) was detected.

on other hand we have JPM who bought another 10m ounces of silver from scottia mocatta (extended their phyz holding now to 40m oz), JPM also went long and closed their underweight recomm. on precious metals
http://www.istockanalyst.com/finance/story/6561615/jp-morgan-jpm-goes-long-commodities-3-trades-to-cash-in