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iShares Silver Trust SLV

The investment seeks to reflect generally the performance of the price of silver. The Trust seeks to reflect such performance before payment of the Trusts expenses and liabilities. It is not actively managed. The Trust does not engage in any activities designed to obtain a profit from, or to ameliorate losses caused by, changes in the price of silver.


ARCA:SLV - Post by User

Bullboard Posts
Post by jackinrichmondon May 10, 2011 12:47pm
466 Views
Post# 18554449

paper vs. physical

paper vs. physicalwhy would anyone in their right mind buy SLV (a paper-silver vehicle) when you could buy PSLV which is a physical silver fund ?  PSLV trades like any ETF and your money is physically backed by real silver. 
do your due diligence.   i did..  then i sold my SLV and moved into PSLV.. 
and yes, there is a premium when you buy it, but there is also a premium if you sell - so it's a wash.  the premium tells you that their is actual silver in this fund (which is audited by the canadian mint).
Bullboard Posts