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iShares Silver Trust (SLV)

NYSE
Symbol
Exchange
Currency
SLVNYSEUSD
SLVMexicoMXN
I6HTradeGateEUR
Currency in USD
Disclaimer
24.89
-0.10(-0.40%)
Closed
After Hours
24.84-0.05(-0.20%)

SLV Comments

I didn’t come back to say “I told you so”, but here I am.  I told you don’t eff with this long, until physical is down to $23.  I am here to revise......Don’t eff with this until physical hits $20. You don’t have to scroll down too far to see it......sorry to you longs......I knew and I should have been short.  It’ll get better in May.
short lived....
 Agree.  I am still bagholding a ton of mining stocks.  Hard lesson learned.
SLV is used as a channel to short the Silver market. Buy PSLV to unlock silvers real potential.
Sell SLV and buy PSLV
this is criminal
Speculation that this goes up because physical isn’t available to them is really a pipe dream.  They don’t have what they say they have as it is.  In addition.....they can settle trades for fiat if they want.  They get the fiat for free (essentially).  You see it slapped down overnight with DECADES of chart data showing this.  What is different now?  Nothing.  And it isn’t going to be any different going forward.  I trade this....but not going long until they slap it back to low 23’s.
Reflation vs Inflation is what the talking heads are grappling with.  Fed heads say its Reflation.  Main Street says Inflation.  If its inflation , must raise int. rates.  If its reflation, must print more money.  Either Way , SILVER WINS
Hmmm...silver just lost last week. big. My puts came in.
https://www.tradingview.com/chart/SLV/tHJmvzvL-Silver-looks-good-assuming-the-trendline-holds/
https://www.reddit.com/r/Wallstreetsilver/
Nobody really wants to believe we are in a period of stagflation or the FRB and Government wouldn't be pumping almost unlimited qualities of fiat into the system.  Don't wait too long to buy the metals. We've already seen one huge rally and I agree with the SLV and GLD sell opinions noted below. The current disconnect between the real economy and the financial economy has to soon reconnect. The big boys are fighting very hard though to push people out of the markets. Stay focused.
Those that own the most physical gold & silver determine their price. Make sure it's us instead of JP Morgan.For now, just empty their vaults and stack our own. It's operation bank run.Buying $SLV puts more silver into JPM's vaults.Physical is the best choice, but $PSLV is still a better choice than $SLV as it puts into Sprott's vaults instead.
Correction: Don't buy GLD or SLV
DON'T BUY GLD OR SLVP ANYMORE. THEY'VE UPDATED THEIR POLICIES TO MANIPULATE AND KEEP THE PRICE DOWN EVEN IF THE SPOT PRICES GO UP BY MUCH. BUY MINERS INSTEAD
actually exact opposite of that bud...
what they said was they may not be able to source silver to create new baskets of shares, so basically for a short time it will become a closed end trust that will trade at a premium to the price of silver...
 Denial is a sad thing.  You are correct but nobody wants to hear it.  Rigged for decades and now re-rigged.  This silver market is a semi-legalized con game.  I made some money in metals last summer and I am bag holding a lot of miners because I bought this hype to a degree.  It SHOULD have worked but it is rigged and that’s that.
SLV -2.36% PSLV -0.93%
Where are my Indians at? How have you guys been
Sold ALL my SLV and shifted to PSLV and AGQ.
This scam will put more silver into manipulator's vaults. Buy physical or $PSLV instead. Those who owns the most silver controls the price. Make sure it's us, not JP Morgan.
For those who are interested in Silver here's an interesting article about the future of Silver: https://www.etftrends.com/gold-silver-investing-channel/silvers-clean-energy-future/
USD 35 current fair value in relation to Gold price Optimistically Usd 40
Why limit yourself? Why not own BOTH physical and paper? The world isn't going to come to an end, and SLV isn't going to collapse based on one change to the fund. Its a huge fund, and millions of people own it-world wide.  I don't have the storage space for physical, so I own Sprott (CEF), and let them store it for me. SLV tracks Silver futures, so its going to go up and down, as commodities do. The world will be vaccinated and reopen. Industry, energy, and retail all use Silver. Deep, cleaning, breath everyone. Have an excellent weekend!
Not a bad idea if you are convinced they will be worth more in the future.
Because the paper ones are being manipulated. Just because they caught the former guys at JP Morgan, doesn't mean that there  are "not" others still doing it. Gold and silver in the hands of the majority is the central bankers worse nightmare. There are places to store silver all over the world.
Everything about to dump.  Only safe haven's will be dollar and long VIX.
I hate to say it but I'm thinking big dump on SLV next several days. Overbought compared to gold which is under massive pressure from rising bond interest rates, on improving economic news flow and improving COVID reopening news flow over this quarter. Wouldn't surprise me to see it crack here.
Went long on SLV puts today.
Not to mention possible double top on the weekly charts.
SLV About To Skyrocket, And That's Why You Should Buy Physical Silver Instead https://seekingalpha.com/article/4407142-slv-to-skyrocket-and-s-why-you-should-buy-physical-silver-instead
...enjoy this;) https://www.reddit.com/r/Wallstreetsilver/comments/lkijqj/downfall_of_the_silver_cabal/
Rather than focus on blatant SLV market manipulation from JP Morgan insiders, the SEC is too busy prosecuting retail investors on Reddit.
Since apparently SLV cannot meet it obligation of buying the required silver bullion to meet the recent increases in purchases of the ETF, how can they protect shareholder equity? If they cannot provide the current market price of physical silver, it is not protecting the shareholders from the debasement of the currencies which is the primary reason why everyone is buying this ETF to begin with. Are they going to do like the folks did with the Libor Index? Make the value up? They should legally be forced to either pay what they have to, to acquire the required bullion, or send everyone their bullion and/or money back for those who just bought in. If they don't do something quickly, personal liability could come into play, as loses in shareholder equity could occur. From what I'm hearing SLV should now be about 36 to 40. The idea of a class action lawsuit should be quickly considered.
That would actually benefit SLV holders because it would cause the price of SLV to go even higher than spot. It would just be bad for people wanting to get into SLV, they would have to pay a premium over spot.
 --SLV only owns 10% real metal per $1 invested.  The rest is paper and hedged with shorts.  If a huge short squeeze happens, the value of SLV is impacted and matching the real metal is not going to happen. SLV fund owners can actually lose if a fund failure. Read prospectos. Own PSLV not SLV.
Sell ​​gold and buy silver! You can get a risk-free return!
Disagree. I believe silver is presently expensive compared to gold. (And TBonds).
silver isnt over priced. its finding solid resistance at 27 and will go higher. used in many, many applications. solar panels being one, and there is no shortage of solar panels going to be made going forward. gold is lagging behind some, but it will catch up. good price to jump in right now too. overall, plenty of room to run in metals. economy is going to open up so why not make room in portfolios for some of each?
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