SILVER 0.30% $15.25 silver futures

The biggest short squeeze in the world?, page-1083

  1. 13,427 Posts.
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    Another Silver ETF has changed its Prospectus -

    https://www.reddit.com/r/Wallstreetsilver/comments/lk54ej/breaking_now_sivr_aberdeen_silver_etf_changes_its/

    "As of the date of this prospectus, an online campaign intended to harm hedge funds and large banks is encouraging retail investors to purchase silver and shares of Silver ETPs to intentionally increase prices*. This activity may result in temporarily high prices of silver.*" (page 6)

    And it goes on, on page 7...

    "A possible “short squeeze” due to a sudden increase in demand of Shares that largely exceeds supply may lead to price volatility in the Shares.

    As of the date of this prospectus, the Fund and other Silver ETPs are experiencing a sudden increase in demand of shares following an online campaign to harm hedge funds and large banks with substantial short exposures to silver*.*

    The campaign encourages retail investors to purchase shares of Silver ETPs as well as physical silver in order to intentionally create a short squeeze. This activity could result in temporarily inflated prices of Shares and the difference between trading price and NAV per share may widen." (page 7)


    See SIVR Prospectus here

    https://www.sec.gov/Archives/edgar/data/1450922/000138713121001680/sivr-424b3_020221.htm


 
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