Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

ETFs don't own any silver, or gold.

First 92408 Last

Share
Profile

Follow
eztrang

3,933 Posts.

248

15/02/21

14:14

Post #: 50997363
Share

Originally posted by slange: ↑

Absolutely. I was a buyer of silver bullion early today. But when the SLV ETF "managers" are forced to announce that they have a problem in sourcing supply for demand then that will play into the sharks hands as the Comex will be targeted for silver bullion more than it ordinarily would have been. Gold too.
ETF demand is a significant piece of the puzzle especially when one considers that JP Morgan has a huge physical stockpile of silver but as it is the "Custodian" of the silver ETF most of that silver (or maybe all of it now) belongs to the ETF
This is why they are so desperate to force holders out. And at the moment it doesn't look like they will succeed.
So we shall see.

Expand

ETFs don't own any silver, or gold.
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 33,993 more messages in this thread...

First 92408 Last

Add GOLD (COMEX) to my watchlist