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PSLV

Sprott Physical Silver

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Reddit Posts

r/wallstreetbetsSee Post

Thoughts on this? Could this lead to a GLD gamma squeeze?

r/wallstreetbetsSee Post

PSLV vs THE WORLD - Must read for gold and silver bugs.

r/wallstreetbetsSee Post

ELON MUSK BUYS SILVER, HAS ANNOUNCED

r/ShortsqueezeSee Post

PSLV is doing great, silver is doing great

r/stocksSee Post

How are metals not going up?

r/wallstreetbetsSee Post

as predicted in my post a couple days ago a crash seems more and more likely and also as predicted the price of silver is falling...

r/wallstreetbetsSee Post

The hiking cycle is almost over, why the fed is full of shit

r/wallstreetbetsSee Post

Is HYMC a Piggy Bank for it's Investors and Can We Profit? Some DD

r/ShortsqueezeSee Post

Squeezing Silver - wallstreetsilver sub

r/wallstreetbetsSee Post

Buy PSLV or physical silver platinum and Gold. is the best deal right now as they seem to be picking up the pace of increases on daily basis since world war 3 has started.

r/StockMarketSee Post

3/2 Bond market had me in knots last night (& dirty bird inflation)

r/wallstreetbetsSee Post

Palladium stock alert... White House tells chip industry to brace for Russian supply disruptions

r/wallstreetbetsSee Post

Is PSLV a buy?

r/wallstreetbetsSee Post

Seeing lots of apes promoting PSLV ...

r/wallstreetbetsSee Post

When will the apes unite? When will we buy as one?

r/investingSee Post

PFIC Tax question for form 8621.

r/wallstreetbetsSee Post

The Fed is trapped, they have to hike rates, but they wont make it very far before breaking the markets this time. I predict only 5 rate hikes this cycle, details below

r/wallstreetbetsSee Post

29 January raid day

r/wallstreetbetsSee Post

Apes Together Strong! Let's just squash the beef and unite!

r/wallstreetbetsSee Post

I am hearing BofA is 800mz short in Silver

r/wallstreetbetsSee Post

Silver - perfect time to buy now...

r/wallstreetbetsSee Post

Any one picking up PSLV before Dec 3rd?

r/stocksSee Post

Good Stocks to buy under High Inflation? Or on the other hand during Fed Tightening their Asset Purchases?

r/wallstreetbetsSee Post

The Sprott Uranium fund is a self reinforcing buying machine that will propel it to stratospheric heights

r/wallstreetbetsSee Post

Silver YOLO $110K Into SLV Shares, 30K Loss

r/wallstreetbetsSee Post

URA $37C Jan 2023 DD

r/WallStreetbetsELITESee Post

Platinum is about to soar, so get allocated platinum (SPPP) now

r/wallstreetbetsSee Post

Platinum is about to soar, so get allocated platinum (SPPP) now

r/wallstreetbetsSee Post

Chaos in South Africa may cause a COMEX default

r/wallstreetbetsOGsSee Post

Uranium Thesis Part 2: The follow up

r/wallstreetbetsSee Post

Why I'm bullish on Silver 🐂🦍

r/WallstreetbetsnewSee Post

Why I am bullish on Silver 🐂🦍

r/wallstreetbetsSee Post

PSLV now is the biggest buyer on earth

r/StockMarketSee Post

WHY SILVER IS THE NEXT BIG MOVE

r/wallstreetbetsSee Post

Going all in on $PSLV - CW23

r/wallstreetbetsSee Post

A little bit is a lot.

r/wallstreetbetsSee Post

PSLV to the moon🦍🦍🦍

r/wallstreetbetsSee Post

The Silver Standard

r/StockMarketSee Post

Lots of bullish constructs in progress when you zoom out

r/stocksSee Post

Lots of bullish constructs in progress when you zoom out

r/wallstreetbetsSee Post

Lots of bullish constructs in progress when you zoom out

r/wallstreetbetsSee Post

You might be surprised

r/wallstreetbetsSee Post

Update on Silver

r/wallstreetbetsSee Post

Rrp explosion , inflation spike and results for precious metal

r/investingSee Post

Thoughts on car companies P/E ratios? Most under 10 which seems really low to me

r/StockMarketSee Post

I just saw this once in a lifetime breakout line ! Something bigger than expected right around the corner. Holy smokes everywhere !Insane full is

r/optionsSee Post

Now ready for huge gains .Charts don't lie

r/wallstreetbetsSee Post

Now ready for huge gains

r/wallstreetbetsSee Post

We are now primed for an explosive move

r/wallstreetbetsSee Post

Now primes for an explosive move . Chart don't lies .

r/wallstreetbetsSee Post

This is life-changing moment if played right READY FOR BOTTOM

r/wallstreetbetsSee Post

Buy physical silver, break the wall street manipulation.

r/wallstreetbetsSee Post

Help Me Understand Difference Between $PSLV and $SLV ETFs

r/WallstreetbetsnewSee Post

Inflation is here, but the media do a poor job covering it. Here is a brief DD having followed this topic closely since 2008

r/wallstreetbetsSee Post

Silver already exploded…the light just hasn’t reached your eyes yet. Now, we wait.

r/wallstreetbetsSee Post

The market is giving us an absolute gift with these inflation numbers, it’s time to load up the truck, PSLV

r/WallStreetbetsELITESee Post

Instead of trying to decipher Silver related stuff, like COMEX/CME/ICE/Vaults/Mints /Lending/Borrowing/Derivatives/Allocated/Unallocated/SLV/PSLV/ETFs/Mining Stocks/Bullion Dealers/LBMA/OTC blah blah blah, on YouTube, of regurgitating the same old crap, KNOW THIS:

r/WallStreetbetsELITESee Post

It's working: we are draining COMEX with PSLV & Physical Silver and fighting JP Morgan Silver manipulation. r/wallstreetsilver

r/wallstreetbetsSee Post

Investing in Physical Silver

r/investingSee Post

Investing in Physical Silver

r/stocksSee Post

Uranium market update, one of the biggest catalysts to date is about to be in place.

r/wallstreetbetsSee Post

Silver YOLO - $1mm in PSLV shares and SLV calls

r/StockMarketSee Post

The Wallstreetsilver Silver Short Squeeze

r/WallstreetbetsnewSee Post

The Wallstreetsilver Silver Short Squeeze

r/WallStreetbetsELITESee Post

Precious metals bull market is here -- best entry is 🥈 via $PSLV, but dont wait too long

r/wallstreetbetsSee Post

Unusual futures activity is incredibly bullish for the metal, the rocket boosters are firing, get on or watch it leave

r/wallstreetbetsSee Post

Inflation impulse sets off precious metals, once they get going it can snowball quickly. Some advice for anyone looking to jump into Silver or Gold

r/wallstreetbetsSee Post

Don't fall for it!

r/wallstreetbetsSee Post

Silver is a Deep Value play, and has the potential for a Mother of all Short Squeezes

r/wallstreetbetsSee Post

SILVER 🦍⛏️🦍⛏️ = 🍌🍌🍌 SOME FUN FACTS

r/wallstreetbetsSee Post

Buying more PSLV and some physical platinum in the am. Kick ass!

r/wallstreetbetsSee Post

Listen up Guys- Text Edited- Also No Caps This Time

r/wallstreetbetsSee Post

LISTEN UP GUYS!!!

r/WallStreetbetsELITESee Post

$SLV is toxic waste, sell now. Break the most corrupt market ever, buy $PSLV (yuuuge difference as Donald would say)

r/stocksSee Post

$SLV is toxic waste, sell now. Break the most corrupt market ever, buy $PSLV (yuuuge difference as Donald would say)

r/WallstreetbetsnewSee Post

$SLV is toxic waste, sell it now. Break the most heavily shorted market ever, buy $PSLV (yuuuge difference as the Donald would say).

r/wallstreetbetsSee Post

Why I went from long to short on Boomer Silver (GAY BEAR ALERT)

r/WallStreetbetsELITESee Post

300,000 Troy Ounces of fake SLV DUMPED for PSLV!

r/wallstreetbetsSee Post

Backing up the truck; PSLV 🚀

r/wallstreetbetsSee Post

SLV is a complete scam, its a scalp trade set up by banks to screw over investors. Avoid it at all costs. The silver market is and has been rigged for years

r/wallstreetbetsSee Post

SLV is a complete scam, its a scalp trade set up by banks to screw over investors. Avoid it at all costs. The silver market is and has been rigged for decades

r/StockMarketSee Post

Smoke alarms are ringing in the silver market, another generational bull market has begun - The ultimate silver DD. $PSLV $SILJ

r/WallstreetbetsnewSee Post

My first ever yolo bet - PSLV and AG

r/investingSee Post

How to beat shorts in silver market

r/wallstreetbetsSee Post

Bought more GME PSLV and actual SILVER cause space cadets dont take fake fiat

r/wallstreetbetsSee Post

$SLV is a shady-a-f black box (vs. $PSLV, $SIVR, other silver ETFs)

r/wallstreetbetsSee Post

PSLV is the one to buy and hold

r/wallstreetbetsSee Post

Goldman Sachs, SLV, SIVR and Robinhood has confirmed that the silver buying is affecting them. Let’s slay the evil in the bullion banks and make generational wealth for you and your family. Buy PSLV and physical. This will be the battle our our lives!

r/wallstreetbetsSee Post

SILVER, the investment that has no risk and infinite possibilities! DD on $PSLV and more!🚀

r/wallstreetbetsSee Post

GET OUT OF $SLV NOW IF YOU ARE LONG SILVER !

Mentions

SLV is an ETF from ishares that does not audit the vault. Unlike PSLV an ETF from Sprott Inc. Which does get audited.

Mentions:#SLV#PSLV

I didn’t realize it was actually physically holding it. I thought PSLV was the only one physically holding it.

Mentions:#PSLV
r/stocksSee Comment

SILJ was beat like a red headed step child too so I bought more. Averaged up a bit on GDXJ, PSLV, GLD, pretty much all my metal positions.

GLD is unallocated paper gold that provides liquidity for market makers to cover short futures contracts rather than source physical metal on your behalf - it defeats the entire point of a gold allocation using GLD and SLV - PHYS and PSLV are fully allocated, redeemable by retail, and when they trade at a premium to NAV and issue new shares, they enter the market to buy physical. Trading options on GLD is completely incongruent to the thesis of being long gold. Buy PHYS and PSLV. Especially PSLV when the market is severely supply constrained and SLV inflows provide bailout liquidity instead of exasperating the squeeze.

r/investingSee Comment

PSLV is much better. Same concept, but it’s fully allocated… meaning they actually remove as much metal from the market as they have shares. SLV is mostly paper.

Mentions:#PSLV#SLV

All 1000 oz Silver Bars are pulled from SD Bullion site. Perth Mint is not selling bullion (because they don't have any). https://sdbullion.com/silver/silver-bars/1000-oz-silver-bars https://www.perthmint.com/shop/bullion/cast-bars/perth-mint-1-kilo-silver-cast-bar/ Remind me... what happens to the price of something when it's needed for jewelry, electronics, tech, solar panels, and sophisticated weaponry and it's GONE?! Do we think the price will go up or down this week? 🤔 $PSLV all the way!

Mentions:#SD#PSLV

I hold PSLV - I'd say PHYS is probably the way to do it. Good to know about TurboTax not supporting form 8621 though. Might just print it out and mail it in to the IRS if nothing else.

Mentions:#PSLV#PHYS

That SLV and PSLV sellout

Mentions:#SLV#PSLV
r/stocksSee Comment

Up huge on GLD and PSLV again. Drank the cocktail back in '21. Took a while, but taking profits on crypto and overvalued tech and pumping them into GLD. I think we should see oil move soon so adding to longs on CVX slowly.

Mentions:#GLD#PSLV#CVX

I didn't know those things had options.  Maybe I'm just thinking of PHYS, PSLV, PALL, etc.  

I talked my boss into putting 2.5k in last year when it was around $20. He sold 5k worth today after I suggested he sell and stick it into PSLV. He still has over 15k in. I am in SMR. Bought 2000 shares south of $5 sold rips and bought dips all the way up. Still have 500 shares. Made a mint.

Mentions:#PSLV#SMR

Problem is slv is not backed by any silver whatsoever. Sucks most people don't allow you to trade PSLV. The paper to physical ratio is 360 to 1 which is just absurd. Even with it being that high wouldn't be surprised if it doubles as banks try to suppress the price. We will see what happens but the banks who keep shorting will implode if this keeps up

Mentions:#PSLV

I guess you probably already know this but just in case you don't ,.If you are in the United States there is a tax filing you have to do with PHYS and PSLV . Its IRS form 8621. QEF election . File with taxes each year with info that sprott releases on their site. It makes it so that you 1. pay normal capital gains tax instead of the collectible tax and 2. If you DON'T file it those ETFS have worse tax treatment because they are listed as passive foreign investments. Sorry to be a know it all if you already know all that

r/investingSee Comment

PSLV is the ETF that drives physical delivery higher

Mentions:#PSLV
r/optionsSee Comment

Same thing it’s been everyday. GLD SLV SIL SILJ GDX GDXJ and I’m gonna buy shares in AAAU and PSLV.

PSLV is up over 68% YTD. No dip yesterday.

Mentions:#PSLV

I'm pretty comfy sitting on my PSLV

Mentions:#PSLV
r/stocksSee Comment

At these premiums and with stocks falling fast to retail new buyers? Classic buy a high premium item in middle of a bull run/near historical top. Try PSLV or SLV, both trade well. The days of buying Centanarios or AGE for 20 over spot are gone for now.

Mentions:#PSLV#SLV
r/stocksSee Comment

URA, PSLV, IBIT Been in play last 4yrs, will continue to be in play.

Time to revive this thread! $48 today and this after being tamped $2 in 2 hours. It recovered and surpassed in less than 48. The handle of the cup is just about complete. It might have taken 5 years, but on a chart that's measured in decades, the symmetry is there. Don't listen to me because I'm regarded, but the rocket is on the launch pad, we need just a few more apes to join before takeoff. If you don't want to buy physical, which is the best route, PSLV is there for you. SLV could run into problems.

Mentions:#PSLV#SLV
r/StockMarketSee Comment

Sell everything and buy silver. Thirty year cup & handle break out. I have PSLV

Mentions:#PSLV
r/investingSee Comment

Look to the gold and silver royalty companies like FNV WPM MTA OR etc. you get exposure to precious metals and some income in the meantime. PSLV for a liquid silver exposure.

r/StockMarketSee Comment

Would something like Sprott PHYS/PSLV/CEF be safe from that? Since it’s (supposedly) physically backed?

r/investingSee Comment

PSLV. Also under valued Closed End Funds that are discount to NAV

Mentions:#PSLV
r/investingSee Comment

I stopped buying when I realized I would not be the person selling it…. Instead I buy PSLV and tokenized silver on Meld.

Mentions:#PSLV
r/investingSee Comment

Agree, I hold both PHYS and PSLV, they are doing well! I’m doubtful of $100 but $50 very likely!

Mentions:#PHYS#PSLV
r/wallstreetbetsSee Comment

Good move. I’ve had the same setup in my retirement account since early April. VXUS, IAUM, and PSLV.

r/investingSee Comment

PSLV is a physical Silver fund that buys and stores Silver at the Royal Canadian mint in Ottawa, CEF is similar but 1/3 is physical Gold. They are not derivatives and are held in Canada. They are not stocks of bonds and are immune to US shenanigans and inflation. I recommend also holding some metals with you, at home, it's easy to hide.

Mentions:#PSLV#CEF
r/stocksSee Comment

There's a pretty big rejection reversal on the US 10 yr at 4.56% this morning. You were smarter than I was to exit $TLT but this is likely the bottom. I bought some $PSLV silver this morning. Gold has found support and silver hasn't really joined old man gold's rally. This house of cards market is 1 job market report away from exposing a lot of skinny dipping swimmers overleveraged with margin buying watching co-workers go thru layoffs.

Mentions:#TLT#PSLV
r/wallstreetbetsSee Comment

The historical avg for the gold/silver ratio is approx 60:1 . Currently, that ratio is 103+. If gold continues to bounce up and the gold/silver ratio returns somewhat to normal, silver's due for a run. If you enjoy gambling and like volatility, sell _some_ PHYS and buy PSLV.

Mentions:#PHYS#PSLV
r/investingSee Comment

PSLV to the moon. Beware of SLV. [silverwars.org](http://silverwars.org) for why Silver is the mother of all critical metal.

Mentions:#PSLV#SLV
r/investingSee Comment

I got into precious metals in 2019, during the repo-calipse, the perfect phone call, 2-10 inversion etc.. and I can tell you that Gold does the job, but silver is much much cheaper and a lot more useful. However be careful of derivatives like SLV. If you want to buy, buy Physical in your possession. My favorite in the RCM 10oz serialised bar. For your digital tokens, then PSLV is the play. Fully allocated.

Mentions:#SLV#PSLV
r/wallstreetbetsSee Comment

PSLV is a better ticker than SLV

Mentions:#PSLV#SLV
r/stocksSee Comment

PHYS, CEF or PSLV; GLD and SLV are derivatives and lease their physical.

r/StockMarketSee Comment

Sprott ETF's. PSLV PHYS

Mentions:#PSLV#PHYS
r/StockMarketSee Comment

Look up Sprotts, they'll cover you on all the metals side. PHYS for gold. PSLV for silver etc.  Let me know if someone gives you a good answer on the currency side 

Mentions:#PHYS#PSLV
r/wallstreetbetsSee Comment

Don’t be a noob, buy only PHYS (gold) and PSLV (silver) if you want in on this train, not the other wall street derivative trash. *cough* GLD

r/wallstreetbetsSee Comment

Most people who follow gold knows the COMEX is fucked. Buy Sprott - PHYS & PSLV

Mentions:#PHYS#PSLV
r/wallstreetbetsSee Comment

PHYS (gold) PSLV (silver). Technically at a certain number you can convert shares to gold but it’s a big number like $200k worth of gold.

Mentions:#PHYS#PSLV
r/optionsSee Comment

GLD and SLV. There is also PSLV. Needless say, China stocks have risks and Trump sometimes threaten to delist those, but I decide to take the risk. The worst case is those stocks will be traded in HK.

Mentions:#GLD#SLV#PSLV
r/investingSee Comment

SLV is a scam. Paper silver. Use PSLV

Mentions:#SLV#PSLV
r/stocksSee Comment

It won't be a lot of cash, but I am decided what to BTD on with my $TLT dividend payment tomorrow. It's kinda nice to get paid dividends or interest when stock prices are going down. I might BTD on silver $PSLV. Silver is down 5% today, and I own gold but not silver.

Mentions:#TLT#PSLV
r/wallstreetbetsSee Comment

SLV hasn't been audited. Unlike PSLV.

Mentions:#SLV#PSLV
r/investingSee Comment

Look at PHYS and PSLV for gold and silver funds.

Mentions:#PHYS#PSLV
r/investingSee Comment

Be safe, move into PSLV.

Mentions:#PSLV
r/wallstreetbetsSee Comment

Silver has not kept up with inflation and is still being shorted... PSLV holds actual Silver as opposed to SLV that is leveraged 30x.

Mentions:#PSLV#SLV
r/wallstreetbetsSee Comment

PSLV, SLV, GLD.. not sure it's "better" tbh.

Mentions:#PSLV#SLV#GLD
r/wallstreetbetsSee Comment

Silver $PSLV ticker specifically, $SLV too

Mentions:#PSLV#SLV
r/wallstreetbetsSee Comment

$PSLV do it

Mentions:#PSLV
r/wallstreetbetsSee Comment

Yes please. My chart is stuck to PSLV, waiting for that breakout. It's going to be huge if/when it happens.

Mentions:#PSLV
r/investingSee Comment

check out [silverwars.org](http://silverwars.org) and then PSLV, those guys consume a lot of silver.

Mentions:#PSLV
r/wallstreetbetsSee Comment

# **TLDR** --- **Ticker:** GDX, GDXJ, SILJ, PSLV (and various mining stocks) **Direction:** Up **Prognosis:** Buy Jan 2026/2027 calls (slightly OTM) in GDX, GDXJ, and SILJ. Author also notes strong performance in call options across various mining stocks and indexes. **Rationale:** Gold/silver ratio is historically low, indicating potential for a significant price increase in silver (and thus mining stocks). Increased volume in PSLV suggests underlying activity. Author cites US Treasury gold reserves and their implications for gold price. **Bonus:** Watch "Live From The Vault Kenisis" on YouTube for more insight into physical gold/silver market developments. **Risk:** High. This is highly speculative and dependent on several factors that could change. Not financial advice.

r/investingSee Comment

I'm doing OK with PSLV.

Mentions:#PSLV
r/wallstreetbetsSee Comment

Interesting use of the word hypothetically as it relates to hypothecation... PSLV is probably the safer bet. Or if you are into tokenized silver look at Meld gold and silver on Algorand.

Mentions:#PSLV
r/investingSee Comment

Invest in gold and silver boys, PHYS (GOLD) and PSLV (SILVER) if you don't feel safe storing it at home. Never SLV or GLD their physical backing is 1:20 at best 1:50 at worst.

r/investingSee Comment

The ETF holds the silver in a vault. But you don't physically take possession. So you buy shares in the ETF which gives you ownership of the underlying silver. The share price will move with the price of silver. PSLV silver is stored at the Royal Canadian Mint in Canada and the mint is the custodian of the silver. The ETF makes money from an annual fee. 0.59% per year you pay them. Go here to see details: [https://sprott.com/investment-strategies/exchange-listed-products/physical-bullion-funds/silver/](https://sprott.com/investment-strategies/exchange-listed-products/physical-bullion-funds/silver/) From that page they have 519,974,881 shares (units) issued and 180,613,426troy ounce of silver. 180,613,426 / 519,974,881 = 0.347350 troy ounce per share. Silver price is $32.37 (as I type). $32.27 \* 0.347350 = $11.20 value in silver for each share. The shares currently sell at $10.56 so a slight discount to net asset value (NAV). (Note their page says they have $10.98 of silver per share so my math is slightly different -- but you get the idea). Basically, its an easy way to buy/sell silver using a brokerage account. Again, you don't take physical delivery which some people do not like. But, you can if you buy a whole bar and supply the armored vehicle at the Canadian mint (they will transfer it in that case).

Mentions:#PSLV
r/investingSee Comment

Discussed often by those that stack silver. This will find discussions on investing in silver: [https://www.reddit.com/r/Silverbugs/search/?q=investment](https://www.reddit.com/r/Silverbugs/search/?q=investment) (A common consensus is it is not a good investment -- dig in to above for details.) r/pmsforsale to buy. Or local coin shows (Google "coin shows near me"). Bring cash. This site lists their "sell to us" price on each product page. Note the spreads are high on physical silver and must be carefully managed if holding less then 10 years: [https://www.moneymetals.com/2024-1-oz-american-silver-eagle-coin/965](https://www.moneymetals.com/2024-1-oz-american-silver-eagle-coin/965) (that's a 19% buy/sell spread.) For investing, I would use PSLV etf. To physically hold, I'd buy "U.S. Junk" or American Silver Eagles and plan to hold for decades.

Mentions:#PSLV
r/investingSee Comment

PSLV ticker but I don't know anything about how it works

Mentions:#PSLV
r/investingSee Comment

PSLV stack metal, SLV is a derivative on the metal, Blackrock borrows metal and will repay you in digital tokens if too many want to redeem. For r/canada PSLV stacks at the Royal (not-my-king) Canadian Mint.

Mentions:#PSLV#SLV
r/investingSee Comment

$SLV, $PASS, $PSLV I wouldn’t but…if it makes you happy

Mentions:#SLV#PSLV
r/wallstreetbetsSee Comment

Liquidity. There is often a small premium for a more liquid issue. Like, look at PSLV versus SLV. PSLV discount is almost always more, because it lacks the same liquidity.

Mentions:#PSLV#SLV
r/investingSee Comment

Physical bars and coins  If u want ticker, PSLV (physically backed etf)

Mentions:#PSLV
r/wallstreetbetsSee Comment

PSLV

Mentions:#PSLV
r/investingSee Comment

Physical precious metals are better. PSLV (silver) and PHYS (gold) are a good alternatives in brokerage accounts.

Mentions:#PSLV#PHYS
r/stocksSee Comment

I just BTD in $PSLV which is a physical silver ETF. Silver futures have fallen to $27.80 (about 3.5% today) and the next support level is $26.50. If the DXY continues to fall, metals usually rally. Gold is the safer buy, because silver is a 50/50 hybrid industrial/monetary metal. However silver is very cheap compared to $2500 gold measured on a gold/silver percentage ratio.

Mentions:#PSLV
r/StockMarketSee Comment

You’ve got a pretty diverse set of sectors covered with these ETFs! VOO and IWM give you broad market exposure, and specialized funds like FTXL, CIBR, and TAN focus on tech, cybersecurity, and clean energy. PSLV and IBIT offer more alternative plays with silver and bitcoin. If you're comfortable with the volatility in some of these sectors, you’re in a good spot. However, you might consider adding an international or emerging markets ETF to diversify even further. Have you thought about that?

r/StockMarketSee Comment

As subjective as this is I am counting the start of this developing trend in the gold and silver mining stocks at February 28th 2024. On the physical spot price side of the equation Gold washed out to a final low of just above $1,600 and Silver at $18 at the start of Q3 2022. The silver to gold ratio then was in the mid 90s. Once gold cleared the 2020 August high for the final time and closed above $2,100 she hasn't looked back. Anyone waiting for a pull back and take a wait-and-see attitude has been punished. Silver at that same time broke above $26 which was strong resistance making a 2 year 9 month high and two weeks later closed above $28 which was an 11 year high. Silver at that time was out performing gold and the gold to silver ratio compressed from 90 to 75. When the silver to gold ratio compresses it is bullish for all gold and silver stocks; large cap, mid tier, juniors. The entire sector rallies which you can see in the up wave 1 image. We came off some during the recent market volatility and have since rallied with mega cap tech which is confusing to me. Risk on and proxy risk off (mining stocks) are highly correlated (seen in the image with blue red lines GDX is blue and tech is red). If the stock market experiences a decline due to over valuation, yield curve steepening, rate cuts etc it will be interesting to see if the precious metals mining sector decouples and breaks this correlation or falls in sympathy with general equities. Comex is experiencing elevated levels of physical gold settlement which is covered in painful detail by other analysts namely Michael Lynch and David Jensen on substack. I won't cover that here. Nor the fundamentals for gold and silver it should be self evident and the subject can be tiresome. The GDX is closing the gap on physical gold prices and is in the process of out performing. All we need to kick this sector into high gear is to see silver out perform gold which it has not. It has been under performing gold since up wave 1 completed. This may be conspiratorial but something is up with the silver market. It regularly is smashed by The Cabal in the face of supportive supply demand fundamentals. But that is yet another topic of interest better discussed and analyzed else where. I will say I have seen an amazing intra comex time frame silver chart going back to 1980 that shocked even me. Which is saying something. YTD GDX is beating physical gold which is what you would expect in a precious metals bull market. Will it last? The GDX and SILJ January 2024 call options are making solid gains. PSLV volumes are strong and night and day before/after the March 2024 break out as you can see in these charts. My strategy is largely call options in both the GDX and SILJ going out as far as possible in duration and strikes near the money. Additionally I chose two large cap senior gold producers and bought leaps on them as well. I will attempt to hold through all the volatility and stand strong in the face of my own emotions good or bad as this story develops. I strongly advise against trying to pick stocks. Just index it but with call options and a few high conviction trades with smaller cost basis compared to the index leaps. My base case for gold is when the US Treasury's 261 million ounce gold reserve covers 10% of the national debt. If the debt were frozen at 35T (good luck with that) we simply divide 3.5T by 261mm which equals $13,400. That might take five to ten years. A more conservative and near term calculation would be that the US Treasury Department's 261mm gold oz position reaches a valuation of only 1 Trillion (which would cover the current national debt by 2.8%) which would equal a spot gold price of $3,800. I think we can get there in the next 12 to 18 months. I am smart enough to know I have no idea where the price of gold and silver will actually go and when but it is safe to assume the risk is worth the reward betting on higher precious metals prices via GDX and SILJ.

r/wallstreetbetsSee Comment

noted on PSLV, thanks. the correlation between the nasdaq has been interesting to watch for sure. lets say tech does shit the bed (usd jpy seems a bit concerning currently no? or is that just old news now?) and for some reason there is this sharp turn to extreme fear I could see gold and silver outperforming potentially, especially if the narrative that you mentioned of central banks bidding it up more in the coming weeks/months plays out.

Mentions:#PSLV
r/wallstreetbetsSee Comment

A tech rek could spoil the party. I don't like that they are this correlated. I don't have much dry powder to buy the next tank job. FML. Silver.... I'm bullish and have been but she's a pig. We need western banks and investment institutions, hedge funds, pension funds to buy PSLV. PSLV is the only way to corner silver. PSLV has a handful of big volume days this year. I think they will be making a silver buy soon as they have excess cash.

Mentions:#PSLV
r/wallstreetbetsSee Comment

SLV is an ETF that just holds Silver to back its ETF shares you buy, like how SPY just holds stock of the top companies. You don’t have the right to take ownership of the individual stock the ETF holds. PSLV is a trust that allows its shareholders to take delivery of the physical silver it holds (only for investors holding ~10,000 shares). This means you have the right to physically receive the silver in exchange for your shares if you choose. Silver has industrial uses aside from just trading. It’s used in nearly all electronic devices. My bet is that if market declines, investors will seek out assets that have value independent from simply believing that “X” stock is worth “X” amount of dollars.

Mentions:#SLV#SPY#PSLV
r/wallstreetbetsSee Comment

My bet is that we don’t melt-up going into the New Year, and the SLV and PSLV is to catch cyclical trades out of crypto.

Mentions:#SLV#PSLV
r/wallstreetbetsSee Comment

PSLV is the trade, not SLV.

Mentions:#PSLV#SLV
r/investingSee Comment

PHYS GLD doesn't actually buy more gold when people buy the stock. It doesn't affect the price, it tracks the price PHYS does, they buy more metal when people buy it. Same with SLV vs PSLV. You can learn this by reading the prospectus.

r/wallstreetbetsSee Comment

Platinum/palladium are essential for catalytic converters and other key components. Both have been shorted to shit over the past few years. Actually most metals other than gold have been shorted to shit with PSLV having traded at over a 2% discount to NAV for months now

Mentions:#PSLV
r/stocksSee Comment

$UVV up 2.4% (tobacco), $LNT up 2.5% (utilities), $PSLV up 2.6% (silver), $FXY up 1.8% (Yen) $VALE down 0.8%. $BMY down 0.7%, Those are my only 2 losers. I bought more $HAL and $FXY today. I sold some $GOLD as I am overweight gold miners and the stock is up today. Up 1.52% overall.

r/stocksSee Comment

I trust Sprott: PSLV and PHYS CEF is a mix of the two

r/stocksSee Comment

Precious metals are doing some wild things behind the scenes. Check out sprott physical silver (PSLV) and it's classic cup and handle with 2-3x upside in the next 2ish years. I came from Ethereum where I made my largest gains to date and pslv reminded me a lot of the charts I saw that led me to jump into eth in 2017 and ride the waves until I 10xed. Avoid SLV it's basically paper traded silver without any real backing of each share. Also China and India are flooding massive amounts into precious metals spooked about the 2024 to 2025 timeline so it offers a safety hedge as well. Welcome fellow crypto traveler 😁

Mentions:#PSLV#SLV
r/stocksSee Comment

PSLV, PHYS and SRUUF for metals and uranium ETF’s

r/investingSee Comment

Buy PSLV, it's a physical ETF that buys Silver and stores it in a vault in Canada. It allows you to invest in physical Silver and is liquid enough to sell easily. With interest rate cuts on the horizon and a physical supply/demand deficit continuing to increase it will be a good investment for the next few years.

Mentions:#PSLV
r/wallstreetbetsSee Comment

Is it finally time to buy PSLV and collectively break the silver market?

Mentions:#PSLV
r/StockMarketSee Comment

No BTC, no URA (or any energy), no PSLV. Hedge a little - you're double dipping on the mag 7. At 60yrs, you lived the 70s and 80s coming out of the abandonment of the gold standard...

Mentions:#URA#PSLV
r/wallstreetbetsSee Comment

I recommend PSLV instead. Its a closed end fund that actually acquires the physical Ag accordingly so it puts upward pressure on the market.

Mentions:#PSLV
r/wallstreetbetsSee Comment

Combo of real silver and PSLV. I wouldnt do options. Just own it. SLV is a scam. Silver will skyrocket. Use it for good. https://youtu.be/Dq5HoBFaTq0?si=TLDA5pfLPvv2ahs8

Mentions:#PSLV#SLV
r/wallstreetbetsSee Comment

Combo of real silver and PSLV. I wouldnt do options. Just own it. SLV is a scam. Silver will skyrocket. Use it for good. https://youtu.be/ZE5N-MX0omA?si=Ptv5NEF4zugrBkG4

Mentions:#PSLV#SLV#MX
r/wallstreetbetsSee Comment

Buy some PSLV and hope to ride the wave while the Chinese are buying.

Mentions:#PSLV
r/StockMarketSee Comment

Stick with RIOT or MARA. Or just cash it into IBIT. Now is not the time to sell these IMHO as I believe we are in the middle of a shake out. I wouldn’t ape into VOO or SPY at these levels either. Personally, I have sold almost all of the magnificent 7 at this point and bought PSLV and GLD, and SGOV over the last few months. SGOV is paying 5.3% right now (minus fees). Just be ready to sell when rate cuts start. I am holding industrial stocks like Honeywell and MMM. I like Teradyne and Intel for CHIPS Act reasons. If you want to do simple index, look into RSP. This is equal weight S&P. I feel like this would expose you less to the deflation of the Mag 7. Of course I could be wrong about everything, too.

r/wallstreetbetsSee Comment

SLV is dogshit. $PSLV for the win.

Mentions:#SLV#PSLV
r/wallstreetbetsSee Comment

Beware of oversold paper, you will not own any silver! SLV 💩 (iShares Silver Trust) - custodian is JPMorgan. Fined for precious metals manipulation in the past. SLV "aims to reflect the price of silver". Better to have: PSLV 👍 (Sprott Physical Silver Trust) - invests in physical silver that's stored at the Royal Canadian Mint. Or stack physical silver yourself 👌🏻

Mentions:#SLV#PSLV
r/wallstreetbetsSee Comment

!banbet PSLV 11.11 11d

Mentions:#PSLV
r/wallstreetbetsSee Comment

!banbet PSLV 12 12w

Mentions:#PSLV
r/wallstreetbetsSee Comment

Pretty sure PSLV is the play if you’re trying to do that

Mentions:#PSLV
r/wallstreetbetsSee Comment

PSLV Sprott Physical Silver Trust

Mentions:#PSLV
r/investingSee Comment

Physical gold and silver (PHYS and PSLV).  Don't hold bonds.

Mentions:#PHYS#PSLV
r/investingSee Comment

ETFs can be found the hold and store the precious metals in vaults. Smaller outfits do the same locally. ETF has better auditing, sells slightly under spot, has a buy/sell spread of pennies and are very liquid. You can sometimes take physical delivery (depends on the ETF) but typically have to do so in bar quantities and you supply the armored car at pickup. CEF Sprott Physical Gold and Silver Trust IAU iShares Gold Trust SGOL abrdn Physical Gold Shares ETF SLV iShares Silver Trust PSLV Sprott Physical Silver Trust PPLT abrdn Physical Platinum Shares ETF

r/investingSee Comment

For silver and gold exposure go with the metals backed PSLV and PHYS rather than SLV and GLD.

r/stocksSee Comment

Monthly DCA into PHYS and PSLV

Mentions:#PHYS#PSLV
r/stocksSee Comment

Weekly DCA in PHYS and PSLV

Mentions:#PHYS#PSLV
r/stocksSee Comment

weekly DCA into PHYS PSLV UNG WEAT