Post by
Welland on Feb 12, 2021 11:42pm
PSLV purchased 4,002,415 onces of Ag for this week
PSLV is allocated physical silver bullion that can be verified by going to their internet site which indicated the serial number's of all their 1,000 silver bullion bar. They also permit delivery if you own enough shares for 10,000 oz of silver of bullion. (at least 27686 shares of PSLV is needed)
Their competitor SLV has unallocated silver and there is a very strong doubt that they don't have the physial silver bullion that they indicate. Only a few select clients have the option of physical silver bullion delivery.
PSLV will stop issuing new shares if they can't find new supply of physical silver bullion. When this happens, this will be a signal that hell will break loose for the criminal silver short sellers.