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SILVER WHEATON CORP. T.SLW

"Silver Wheaton is a pure, unhedged paper proxy on silver prices with a unique business model. The company purchases silver for sale through long-term purchase contracts from counterparties. Currently, the company has long-term silver purchase contracts with more than a dozen mines. Silver Wheaton purchased and sold roughly 28 million silver-equivalent ounces in 2012 through its purchase sales contracts."


TSX:SLW - Post by User

Bullboard Posts
Comment by presto10on Sep 28, 2006 8:38pm
141 Views
Post# 11436886

RE: New Silver ETF traded yesterday

RE: New Silver ETF traded yesterdayIf that's the case it is another hedge type instrument. Yeah, just what we needed, another tool to exacerbate the highs and lows! Keep in mind the retail guys usually lose but there are lots of loser mf and hedge funds too. All in all, sell some when you're bragging to your friends or to yourself and load up when you're kicking yourself (aka always keep some cash on hand!). Next time I plan on following more of my own advice.
Bullboard Posts