SILVER silver futures
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'slv etf shows 4.9 million ounce withdrawal', page-8

  1. champ2003
    12,639 Posts.
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    20/01/11
    22:03
    Post #: 7769576
    I'm a little confused.

    Isn't SLV etf simply a paper backed silver fund whereby you cannot ask for delivery and you can only paper trade????

    Therefore how can you withdraw 4.9 million ounces of physical as I thought that the physical that is locked away is only held in custody to back up the ETF?

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