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silver shots

I have been getting things in the mail about "gov regulated Silver Shots" and I know nothing about them. It appears they are industrial grade silver? What does the group know and think about this form of silver?
PEACE! This is the first day of the rest of your life.

Fred, Las Vegas, NV

Comments

  • Never heard of "gov regulated", but silver shot from a respected source does have its applications.image
  • ksammutksammut Posts: 1,074 ✭✭✭
    Silver shots are the newsletter writer's come on to purchase his newsletter. They are call options on SLV ETF.
    American Numismatic Association Governor 2023 to 2025 - My posts reflect my own thoughts and are not those of the ANA.My Numismatics with Kenny Twitter Page

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  • KonaheadKonahead Posts: 1,476 ✭✭✭
    This stuff was sent by Death Cross Trader, Zachary Scheidt. Why would this form of silver do any better than bullion?
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
  • ksammutksammut Posts: 1,074 ✭✭✭
    It is a leverage play. By purchasing calls on SLV, you would enjoy a higher return than purchasing the shares of SLV (assuming of course that the price of silver goes up and SLV moves up too).

    Again, silver shots are not a type of silver. All calls and puts on stocks or ETFs are government regulated. The guy came up with the term silver shots to get you to purchase his newsletter. Once your purchased the newsletter, he would explain what calls on SLV (in his opinion) would give you the best leverage and best return.
    American Numismatic Association Governor 2023 to 2025 - My posts reflect my own thoughts and are not those of the ANA.My Numismatics with Kenny Twitter Page

    Instagram - numismatistkenny

    My Numismatics with Kenny Blog Page Best viewed on a laptop or monitor.

    ANA Life Member & Volunteer District Representative

    2019 ANA Young Numismatist of the Year

    Doing my best to introduce Young Numismatists and Young Adults into the hobby.

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