March 7th Coin Week Article question
Stew
Posts: 1,002
this is an excerpt for March 7th Coin Week Article.
I was wondering what kind of trouble this might make
* A tip from one of my most reliable sources says that there are Far East buyers who are so frustrated at the difficulty in locating physical silver to purchase that they are purchasing large quantities of shares of the SLV silver exchange traded fund. Their plan is to redeem the shares for the underlying physical silver.
Gold And Silver Set Record Highs with More Room To Run
I was wondering what kind of trouble this might make
* A tip from one of my most reliable sources says that there are Far East buyers who are so frustrated at the difficulty in locating physical silver to purchase that they are purchasing large quantities of shares of the SLV silver exchange traded fund. Their plan is to redeem the shares for the underlying physical silver.
Gold And Silver Set Record Highs with More Room To Run
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Comments
I knew it would happen.
Thanks for the reply, It was an article I just happen to run across
Did not know the writer was a silver promoter.
With all the talk about JP Morgan and HSBC
and the fact that there are up to 100 paper ounces out there
to every 1 ounce in the vaults. I was thinking if they will
not take the premium for cash settlement and demand the
physical silver. Well I am sure you see where that can go.