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Sprott Physical Silver Trust USD T.PSLV

Alternate Symbol(s):  PSLV

Sprott Physical Silver Trust (the Trust) is a Canada-based closed-end mutual fund trust. The Trust's investment objective is to provide a secure, convenient and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion and does not speculate with regard to short-term changes in silver prices. The Trust will only purchase and expects only to own Good Delivery Bars as defined by the London Bullion Market Association (LBMA), with each bar purchased being verified against the LBMA source by representatives from the Trust’s custodian, the Royal Canadian Mint. Sprott Asset Management LP is the manager of the Trust.


TSX:PSLV - Post by User

Post by Wellandon Feb 01, 2021 6:34pm
124 Views
Post# 32441433

PSLV purchased 6,399,996 onces of Ag on Monday

PSLV purchased 6,399,996 onces of Ag on MondayIt also issued 7% more units.

By removing these silver bullion from the market, we wil soon see a silver squeeze.

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