Message:

<p>[QUOTE=&quot;doug444, post: 1518795, member: 38849&quot;]I simply reported the writing of a researcher.&nbsp; And as to whether I have read the Prospectus...No.&nbsp; A waste of time, as I would never buy GLD or SLV under any circumstances.&nbsp; I&#039;m not into paper gold and paper silver.</p><p><br /></p><p>In April 2011, a skeptical Ted Butler wrote:</p><p><br /></p><p>&quot;Publicly-traded ETFs that have specific metal backing are highly unique&nbsp; securities. Perhaps a small short position may be overlooked on a&nbsp; temporary basis until the metal is deposited in the Trust due to&nbsp; logistical considerations. But a short position that represents more&nbsp; than 10% of the outstanding shares issued means that many buyers of the&nbsp; shares have no metal backing. This is clearly not in keeping with the&nbsp; spirit of the prospectus that each share issued be backed by one ounce&nbsp; of silver on deposit with the custodian...&quot;</p><p><br /></p><p>August 24:&nbsp; </p><p style="text-align: left">SLV Short Interest (Shares Short)</p> <p style="text-align: left"><br /></p><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 13,699,900[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in