For those who have an eye for charts….🧐
Haven’t seen this chart posted for a long time..
Weekly vs weakly…
https://stockcharts.com/c-sc/sc?s=%24GOLD%3A%24SILVER&p=W&b=5&g=0&i=t6626687512c&r=1667748080295So what’s going on…? Is it to late to ask a guru…🤣
Will the 100 to one be hit again…?
2K gold and a 20 handle for sludge would work out..
And 13 handles for both sides would work too….not…?
Will Warren get a chance to exercise his buy back options on his 120 mil oz he “sold” to BlackRock to start the IShares SLV etf…
Using the market cap divided by price there seems to be around 335 million shares of SLV…and when the SLV pup was born, a share was equal to an oz…not so today…😉
How solvent are the “ sub-custodians “ of the SLV physical silver….?
The problem is in the egg management fee of .50% from day one of April 21, 2006 (Expense ratio net)..what the “ net” thingy is about is strange..
And what was this fee paid in ? Cash. ? Or real metal..?
16 years of this egg management fee counts up..!! And today’s difference in the price of cash silver and SLV is about 8%…kinda tells the story that real sludge might be missing in the SLV fund..😨
FYI…SLV traded at $13.81 on the first day of trading….😉