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<p>[QUOTE=&quot;mikem2000, post: 1512346, member: 30574&quot;]No, I never said each share has a unique bar.&nbsp; The price of SLV is less than 1 oz, so there is no way you are getting 1 full oz per share.&nbsp; in addition, they are not buying 1 oz. Bars. There is no silver marked with your name on it or serial number mapped to you name.&nbsp; There is just a total store of silver that covers the total amount of money invested in the fund.</p><p><br /></p><p>Now let me get this straight, you are saying, the financial statement is saying they have 312 million oz. of silver, but they really don&#039;t? They are declaring multiple oz from the same physical oz. so in reality, they have much less silver than the 312 million oz. they are claiming on their financial statement.&nbsp; Are you sure you want to go with that statement?&nbsp; If so, you are accusing them of outright fraud. What you are saying is illegal, and if true, is something that the SEC should know about, so if you have proof, please report them.&nbsp; Please report the auditors too, because they would have to be in on the scam also.[/QUOTE]</p><p><br /></p>

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