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

Sprott Physical Silver Trust USD

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Post by Wellandon Mar 13, 2023 1:32pm

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Post# 35335223

SVB Bailout - Good for silver and gold

If you listen to te news today, many investors are rushing to safety : Gold, Silver and T-Bills.

The precious metals non beleivers who have lot of money in the banking system will transfer their money into T-Bill. It is more safe to have your assets out of the banking system : gold, silver and T-bill

If the politicians can't stop the bank withdraws, we shall see many more Bank runs.

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Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload