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Friar_Pede 5 points ago +6 / -1

Are we doing SLV or PSLV and does it matter?

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KilroyJCNJ 16 points ago +16 / -0

SLV is “paper” silver. PSLV is physical silver.

DISCLAIMER: I am a big fan of things you can actually touch, but I am an idiot and you should not take any investment advice from me unless you are an idiot.

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FullAutoFlintlock 10 points ago +12 / -2

Just stop. SLV is a total shill play. Use fidelity and buy GME

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Friar_Pede 4 points ago +4 / -0

PSLV doesn't seem like a shill play.

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FullAutoFlintlock 5 points ago +7 / -2

If you are buying because someone was shilling you some JPM SLV short squeeze shit, yes. It's a shill play.

They have NO relation to what's happening with GME

They are just normal long term investments.

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MenicusMoldbug 5 points ago +5 / -0

SLV is owned by JP Morgan and is mostly like junk.

PSLV, however is owned by one dude with a good track record of physical delivery.

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Friar_Pede 4 points ago +4 / -0

Where are you getting that information?

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MenicusMoldbug 3 points ago +3 / -0

Well, I had read SLV was holding paper and not physical. But according to this, I am wrong. https://www.etf.com/SLV#vestOptions

And I can't find where I had originally read that. So I'm most likely wrong on both claims.

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deleted 1 point ago +1 / -0
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MAGABrick 1 point ago +1 / -0

Look up Sprott physical silver. The guy is based and criticizes the paper silver rigging business.