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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum 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... see more

TSX:PSLV - Post Discussion

Sprott Physical Silver Trust USD > Daily silver deficit
View:
Post by Lemboy on Feb 20, 2021 6:06pm

Daily silver deficit

Daily #silver deficit(in oz) : $SLV 110 MMoz in past 3 days = 36 MM / day $PSLV 1.2 MMoz today=1.2 MM/day. Retail demand est=2 MM /day Industrial demand 425 MM oz/ 365=1.15 MM/day Total demand=40.35 MM /day Silver production : 850 MM /365 = 2.3 MM/day Defict= 38MM oz/day
Comment by frances1 on Feb 22, 2021 12:20pm
PSLV has traded over 21M shares today in NY and 1.5M in Toronto....going to be buying a bunch of silver here shortly to fill the vaults!
Comment by Otclife on Feb 22, 2021 2:29pm
Sold all my SLV for PSLV. #silversqueeze
Comment by Lemboy on Feb 22, 2021 3:18pm
22.5M shares = 8.1M oz of silver  - keep buying and let's break the bank.  I added 1K of PSLV today = 360 oz.
Comment by Lemboy on Feb 22, 2021 7:30pm
      Sprott   @Sprott    ...more  
Comment by frances1 on Feb 23, 2021 6:46pm
Hoping that Sprott Inc is waiting till tomorrow and 5 mins before the close to buy the millions of ounces of silver to replenish the vaults.....Be nice to see an unexpected single purchase of 10 million ounces before the close for the banks to chew on!
Sprott Physical Silver Trust USD