Personally, I prefer an ETF where JP Morgan is not custodian. And there are not many left e.g., Sprott physical gold and silver ETFs to name one of a very few.
Why would I indirectly give more business to a Bullion Bank for its role as custodian when it was fined US$920 million for manipulation of the precious metal markets.
My negative sentiment towards certain ETFs is because of their involvement with JP Morgan, low audit frequency or lack of transparancy when it comes to technically impossible allocations of physical silver bullion during recent fund inflows (follow the SLV ETF story where JP Morgan is also a custodian).
GLTA
- Forums
- Commodities
- SILVER
- The biggest short squeeze in the world?
The biggest short squeeze in the world?, page-993
-
- There are more pages in this discussion • 4,141 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SILVER (COMEX) to my watchlist
The Watchlist
BPH
BPH ENERGY LTD
David Breeze, MD & Executive Chairman
David Breeze
MD & Executive Chairman
SPONSORED BY The Market Online