Does that work? If you have a paper contract and you demand silver are they contractually forced to give you silver or will they just give you cash?
Does that work? If you have a paper contract and you demand silver are they contractually forced to give you silver or will they just give you cash?
Cash, if they even pay out.
Cash, if they even pay out.
No, when i say "paper" i usually mean the SLV etf; it is traded just like a stock. SLV is currently $26.75 while physical is $39 or whatever. In normal times these are closer together.
So you buy the etf, and of silver keeps going up so does the etf, and when the volatility goes back down you could sell your etf for dollars and buy physical.
The only time this wouldn't work if there was a breakdown in the markets and they closed or the company managing the etf (i think ishares) fucked up.
No, when i say "paper" i usually mean the SLV etf; it is traded just like a stock. SLV is currently $26.75 while physical is $39 or whatever. In normal times these are closer together.
So you buy the etf, and of silver keeps going up so does the etf, and when the volatility goes back down you could sell your etf for dollars and buy physical.
The only time this wouldn't work if there was a breakdown in the markets and they closed or the company managing the etf (i think ishares) fucked up.
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