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PSLV

Sprott Physical Silver

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700.00% Today

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

Fair enough man. I’ve actually been in PSLV since 2020, so been riding it a while

Mentions:#PSLV

1/3 VXUS, 1/6 PHYS or GLDM, 1/6 PSLV, 1/3 JBBB CLO waiting for dust to settle

PSLV has worked out just fine

Mentions:#PSLV

PSLV has physical in Canada and I think it’s tax advantaged as a stock trust thing. Taxed gains at 15% to 20% instead of 28%

Mentions:#PSLV

I'm now slowly shifting from PSLV into MDAX

Mentions:#PSLV

I was surprised to see that you didn’t recommend apes DRS their PSLV shares

Mentions:#DRS#PSLV

Interesting thesis, but a lot of this assumes things break cleanly and symmetrically, which markets rarely do. CME margin increases usually cap volatility rather than trigger squeezes, and Shanghai premiums aren’t freely arbitrageable at scale due to VAT and export controls. Premium ≠ global clearing price. Agree physical vs paper matters (PSLV > SLV if you want metal exposure), but “$90 kill switch tomorrow” feels more like narrative compression than market structure. Silver can go higher, just probably messier and slower than a single-day reckoning.

Mentions:#CME#PSLV#SLV

I get what OP is saying but $SLV is outperforming PSLV return % on every time scale so far. Maybe SLV has to grow more because it’s not backed by silver. Comex buying their way out with paper. SLV must grow above spot to deter physical purchases. SLV to the 🌒

Mentions:#SLV#PSLV

SLV vs PSLV, which is better in your opinion

Mentions:#SLV#PSLV

PSLV has options now

Mentions:#PSLV

I'd have to check but I believe 50% of my entire portfolio is PSLV, I put 5% of it in SLVU, want some exposure but nothing crazy and the rest is in various juniors. Basically my strategy has been to plunk a decent amount onto a miner I felt good about, let it ride to 100%, take out half and move on to the next one. With the current momentum, I must say I've been extremely fortunate, I have a bunch of companies I own basically for free. Two biggest frustrations right now: Defiance and Silver Bullet Mining which are just waffling sideways. I'm hoping they pop up next earnings so I can complete the double/half maneuver and get into other companies with those funds I have in them now.

Mentions:#PSLV

My take as posted here this afternoon: Gold is going to fly tonight and gold/copper mining stocks like Barrick & SBSW will follow. Made a ton of money on both of those in 2025 and that continues in 2026. I doubled down on both of them in the last four weeks of 2025 and even added to my position in SBSW on the dip last week. I have a small position in Silver through PSLV, but I expect the bigger moves this year to come with the gold/copper mining stocks where their big moves up always trail the underlying commodity. B is right now in the quiet period before reporting earnings Feb. 5, which should be great IMO. Last week was a great week in stocks and buying all the dips late last year is paying off. Good luck this week regards.

Mentions:#SBSW#PSLV

My question is, at what point does paper silver become worthless? So on top of the miners I have a few other plays such as PSLV and SLVU (Canadian equivalent of AGQ). I have faith in the PSLV fund because I do think they are 100% allocated and not playing games. The idea is; if/when the traditional paths to market fail to source silver, the big industrial players will use the redemption mechanism of PSLV to get the silver and in such a case you can expect they will pay a premium when hunting for enough sellers. Meanwhile SLVU is basically an ETF holding at this point 100% March COMEX contracts. If the COMEX calls Force Majeure unable to deliver in February does this mean the ETF plummets as the value of March contracts comes into question. I'm a little more cavalier than most but I'm no WSB regard either

Mentions:#PSLV#AGQ

Gold is going to fly tonight and gold/copper mining stocks like Barrick & SBSW will follow. Made a ton of money on both of those in 2025 and that continues in 2026. I doubled down on both of them in the last four weeks of 2025 and even added to my position in SBSW on the dip last week. I have a small position in Silver through PSLV, but I expect the bigger moves this year to come with the gold/copper mining stocks where their big moves up always trail the underlying commodity. B is right now in the quiet period before reporting earnings Feb. 5, which should be great IMO. Last week was a great week in stocks and buying all the dips late last year is paying off. Good lucnn on this week regards.

Mentions:#SBSW#PSLV

Most people are missing the gold/copper mining stocks. The mining stocks always trail the rise in the underlying commodities. I made a ton of money last year in Barrick & SBSW and that continues this year as well. I own a little bit of PSLV for the silver play but I feel the real gains this year will come from gold/copper miner stocks.

Mentions:#SBSW#PSLV

PSLV is not 28% gains and is full of bullion only

Mentions:#PSLV

If the fund was to attempt to do this it would create a buying frenzy for mfg. I am sure, between who is short, who needs it and governments who need it, this would be a flash crash at best only causing the price to go higher. Look at Friday's close. That price of silver was managed for hours before the market closed. Let's see what Sunday night brings. I was unaware of the SLV being that at risk, thanks for heads up. I do not play with options, I spot trends and position and just buy and sell no leverage. Glad you understand it. thanks for help. I was blind to it, I just add to PSLV on dips and have since the 7 range. Lots of years going nowhere lol

Mentions:#SLV#PSLV

I moved mine to PSLV. I don’t wanna deal with the premium right now. Junk silver coinage (90%) looks underpriced to pure though.

Mentions:#PSLV

Just do PSLV ain't nobody got time for physical shit

Mentions:#PSLV

Brain is weird I can't get myself to throw 60k at SLV because too much But I can buy like 20k each in different SLV PSLV etc Thinking I diversify but it's all the same as buying one

Mentions:#SLV#PSLV

Most of mine is in PSLV which does have a physical counterpart

Mentions:#PSLV

PSLV +2.5% wtf?

Mentions:#PSLV

PSLV is only redeemable if you have like 28,000 shares if you didn't know.

Mentions:#PSLV

Buy PSLV, redeemable, closed end fund, no options and backed buy 100% silver. SLV is non-redeemable, has options and is a open fund

Mentions:#PSLV#SLV

PSLV if you’re a chad who buys shares

Mentions:#PSLV

True, but they can only manipulate it so much as we are seeing today with yesterday's attempt. By all means if you want to double or even triple your money in 10Y buy physical gold. Or just invest in PSLV. But if you want a maybe 10X play in 1 month, or..well, a 0X play, then gamble on the paper shit.

Mentions:#PSLV

No. Though if anything contrary to silver bug lore paper is better at times like this for volatility plays than being weirdo with physical silver. PSLV also better for short and medium term holding. Physical silver great for long term but ain't nobody got time for that shit.

Mentions:#PSLV

VT is the best stock, it's great that most of your portfolio is in it. SMH exposes you to a ton of uncompensated sector risk so is really not necessary and would be better in VT. Physical silver is historically a terrible investment with high volatility and low returns, and you definitely should not own PSLV. IDMO is ok. I'd prefer to see like a small cap value fund here. Momentum as a risk factor is only examined by behavior and can for thst reason be considered a weaker factor than size or value which have systematic risk-based explanations. But I don't hate IDMO. I don't hate VWO either, I think slightly overweighting emerging markets has a strong thesis. I'm a little bit concerned that you seem to have designed this portfolio by taking 50% VT and for the other half just picking things that did extremely well this year. You can't just buy whatever did well last year, because they may well not do well next year. And if you then sell those things and buy whatever did well that year, you're buying high and selling low and that's how you underperform.

PSLV is backed by all real silver. SLV is not backed.

Mentions:#PSLV#SLV

Sell SLV buy PSLV…

Mentions:#SLV#PSLV

Don't you think buying PSLV is a bit dangerous? Everyone is saying only buy physical. Donno if I should do it or not.

Mentions:#PSLV

Slv is paper silver but the easiest. You can also buy PSLV which is a trust holding psychical silver. Or any other Sprott product, like PHYSICAL for gold You other bet is random silver miners.

Mentions:#PSLV

If anyone is serious about holding silver, buy PSLV, not SLV

Mentions:#PSLV#SLV

I would buy June or September Calls. There's likely going to be a huge pullback in the next couple months that will be hard to time. Will it be from $100 back to $75, or $150 back to $100?? Who knows. Only buy the Calls if you won't panic sell with a 50-80 percent drop in value during a correction. Or just buy PSLV, AGQ, or SIL Or buy GLD Calls. Gold has barely moved and the IV is way lower on the Calls

For 18, this is actually a pretty thoughtful setup. Having 50% in VT already gives you a solid global core, which a lot of people skip early on. The main thing I’d watch is concentration risk. SMH at 20% and PSLV at 14% both add volatility — not necessarily bad, but it does mean your returns will swing more than the market. That’s fine if you’re comfortable sticking with it during drawdowns. One way to think about it is: Core = stability (VT) Satellites = conviction plays (SMH, PSLV, etc.) As long as you’re aware of that trade-off and not changing your plan every time the market moves, this is a reasonable starting point. Over time, you can always simplify or rebalance as your risk tolerance becomes clearer. You’re already ahead of most people your age just by thinking in terms of allocation and long-term holding. If you ever want to talk through how people usually think about balancing core vs satellite exposure (purely educational, no advice), I’m happy to chat 1-on-1.

Mentions:#VT#SMH#PSLV

As of 12/27, 12-mo. trailing gain for SIL is +163.88%, and PSLV is +162.24%. My Grandpa is yelling down from heaven, "I told ya!" Well, yeah, but being right one year since 1965 doesn't really make up for missing out on the index funds when they had three digits, buying BRK.A at $500 a share, any of the Mag7, etc.

Mentions:#SIL#PSLV

PHYS and PSLV it’s too hard to sell physical IMO. Too illiquid. Even though it should be the MOST liquid since it’s technically pure value. But that takes a person willing to trade for gold. 98% of people want cash not gold. They don’t even know where they’d go with gold to get cash which is what we use for things. Yes the dollar is dying. But physical is just a bandaid or like playing with a doll for crazy people. I don’t think the world is going to turn into Fallout where I’ll have to buy safety and food with silver coins. That’s bonkers. But the macro trends here are obvious.

Mentions:#PHYS#PSLV

Better off to buy PSLV. . SLV is used to short silver by the by the Bullion Banks, so it works against you.

Mentions:#PSLV#SLV

If you want physical representation and being able to transmute it to actual bullion, I'd go with PHYS and PSLV. They have fairly high requirement amounts but, I have easily counted 20 times this year where you could get it around -3% under spot price by calculating the share price/outstanding amount to bullion cache.

Mentions:#PHYS#PSLV

It's not bad. I would drop SMH and PSLV. Thematic funds based on sectors rarely do well long term. When the sector start popping, demand for the fund increases, and more of them are made. Shortly after, that investing cycle ends and people lose money. Ben Felix on thematic funds: [https://www.youtube.com/watch?v=dwPh-PAg9A8](https://www.youtube.com/watch?v=dwPh-PAg9A8) I wouldn't hold physical precious metals or metal ETFs, personally. Long term returns are not great, just a bit beyond the risk free rate of treasuries. People are clamoring for gold and silver now simply because it has had a good run up. It's unlikely to be this good long term.

Mentions:#SMH#PSLV

Look if you’re playing the long game and want to build some serious sustainable wealth, here’s how I’d tweak that portfolio to keep it steady. Pump up the VT The Core: You gotta beef up your VT to about 60% or 70%. Think of VT as your foundation it’s the 'set it and forget it' part of your portfolio that’s gonna keep you from crashing and burning when things get shaky. Trim the Silver: Honestly? 14% in PSLV is a lot. Silver is cool and all but it doesn't pay dividends. I’d cut that down to maybe 5%. You’re 18 you want your money working for you in assets that actually grow not just sit there looking shiny. Cap the SMH: Keep the SMH for sure. Semiconductors are the future. But 20% is the absolute ceiling. Don't go chasing the hype any higher than that or you’re basically gambling not investing. * **VT:** 65% * **SMH:** 15% * **IDMO/VWO:** 各 7.5% * **PSLV:** 5%

SLV is paper trash. If you do want to buy a silver ETF PSLV is the only option.

Mentions:#SLV#PSLV

SPMO Doubles return of IDMO since inception(2015) and lower downdraw. SLV beats PSLV \~15%. Not a fan of International, but it's running now. 20% semis? Not much Tech except for whats in VT & SMH, maybe XLK or FNGS for Semis & Tech. GL...

This is actually far better than most. 50% VT is a great base and you have other international equities. 14% in silver is a little performance chasing, and 20% in SMH is a heavy sector bet. But the rest is solid. I’d say if you believe in the momentum SPMO is a good momentum for US. Something like this 55% VT 15% SPMO 10% IDMO 5% VWO 10% SMH 5% PSLV I personally wouldn’t have the smh and pslv because I’m not a sector/commodities person, but I didn’t completed remove them. I’m a fan of factors so I kept the added to that.

Why SLV instead of PSLV? I thought SLV isn't backed by physical.

Mentions:#SLV#PSLV

Starting to think i shoulda sold PSLV after a big up day lol

Mentions:#PSLV

What about PSLV?

Mentions:#PSLV

Holding SLV shares, are you ever worried that SLV might depeg from Silver during a short squeeze? Considering switching from SLV to PSLV but then gotta pay all these taxes

Mentions:#SLV#PSLV

Can PSLV just drop 90% for a minute so I can buy for cheap

Mentions:#PSLV

is the train carrying PSLV by chance?

Mentions:#PSLV

Can't believe I bought PSLV in morning and ended +3.5%

Mentions:#PSLV

Bought PSLV at all time highs Now +1% AMA

Mentions:#PSLV

True, PSLV holds the physical silver

Mentions:#PSLV

PSLV > SLV True or no?

Mentions:#PSLV#SLV

Im more of a holding PSLV or PHYS guy. Imo if your silver or gold shares aren't transmutable to hard bullion by design then they accommodate the speculation side but, aren't worth as much on the debasement back stop side if that makes sense. If I dont have the option of both vectors then its just not as appetizing to me.

Mentions:#PSLV#PHYS

The manipulation in ETF precious metals today is CRAZY. I’ve traded out to PSLV because they have legit physical holdings and aren’t subject to the same shenanigans.

Mentions:#PSLV

Ok good job, at least PSLV has a redemption option.

Mentions:#PSLV

BH I own more physical silver than etf.Etf is a scam. Only physical. I buy mining and PSLV and physical. Mostly physical.

Mentions:#BH#PSLV

Hell nah. Silver ETF's are a huge scam. The custodian banks with the actual vaults of the Silver ETF's are the LBMA bullion banks. $PSLV is the exception.

Mentions:#PSLV

Probably buying more PSLV. Might grab small amount of SPPP but idk how confident I am on that one

Mentions:#PSLV#SPPP

I don’t know who needs to hear this but buy PSLV instead of SLV.

Mentions:#PSLV#SLV

PSLV - a fund holding silver. The currency is being inflated to hell. The debt is about to go parabolic. There is a run on the banks happening right now and everyone is oblivious. Silver has been suppressed for years. There is a shortage of silver that will last the next 4 years or so until enough mines can get up and running.

Mentions:#PSLV
r/stocksSee Comment

Over 100% I bought silver and PSLV.

Mentions:#PSLV

I bought PSLV when it was 11 before silver was on anyones radar STFU idiot

Mentions:#PSLV
r/investingSee Comment

Nothing fancy - I'm holding my gold in IAU, while my silver is split between SIVR and PSLV.

r/stocksSee Comment

Don’t let your money sit idle. You can buy commodity trusts (uranium, gold, silver) on the exchanges. U.UN, PSLV, PHYS. When stocks nosedive, these will go up. Energy like FRU pay dividends at solid yields. Or as a safer bet, put your money in a HISA (High Interest Savings Account). There are two I use when I know a big chunk of cash is just sitting there. PSA and HISA. Not financial advice. IMO. GLTA

Sprott's PSLV is audited and you can take full delivery of your silver at any time. It's a cheap way to buy a lot of physical if you wanted. However, the SLV prospectus says they can be backed by paper silver.

Mentions:#PSLV#SLV

Silver is in full launch mode. Glad I got more PSLV in Nov.

Mentions:#PSLV

PSLV is even better. Fund is actually backed by real silver

Mentions:#PSLV

Physical is better, but it's a PITA if you're trapped in a 401k/IRA. For paper silver, check out Sprott - they have audited, physical bullion and vault in Canada. PSLV or CEF if you want a mix of gold and silver with a lower expense ration.

Theoretically, if ETFs or funds like GLD, SLV, PHYS, PSLV etc. could issue more flexible (transactable) "shares" (e.g. via the stable coin mechanism), it could make a dent. The problem is that their vaults reside in jurisdictions, where the insane western governments could start going after the physical assets. We have a precedent for that in Executive Order 6102.

You have to short PSLV to take delivery

Mentions:#PSLV

Nope, but you can with PSLV....but its an ungodly amount for redemption.

Mentions:#PSLV

Physical silver, SLV, PSLV, AGQ, HL, CDE.

r/stocksSee Comment

CEF is another solid investment from SPROTT if you believe in both gold and silver but want to hold both in a 2:1 ratio in one fund. Can also be cashed in like PHYS and PSLV. The writing is on the wall and I’ve been riding this train up the last year+ as the fed rack up an insurmountable debt load.

r/stocksSee Comment

I think a bit of both is good, silver has far more real world applications than gold does. The silver equivalent for PHYS is PSLV

Mentions:#PHYS#PSLV
r/stocksSee Comment

PHYS and PSLV are what I’ve chosen but you can weigh the pros and cons of others

Mentions:#PHYS#PSLV
r/stocksSee Comment

A bull case for gold is a bull case for silver too, I’m not actually entirely PHYS I’m also in on PSLV, which is the silver equivalent. silver is nice because even if AI saves the world we have to update our power grid and silver is the best conductor after all.

Mentions:#PHYS#PSLV

Silver “We are still closer to the beginning than to the end of what could well become one of the largest bull markets in recorded history…I would not be surprised to see Silver well north of $100 in the not-too-distant future.” Quote by Philippe Gijsels There are so many reasons for silver to run! Currently there is a defect relative to demand. Silver has been manipulated for years using paper contracts. The rise of robotics and AI,, solar panels, electronics in new cars. Military uses silver in all their weapons. Inflation federal government is printing dollars like never before. Debasement of the dollar. The federal reserve bank, is going to cut interest rates further weakening the dollar. Central Banks around the world are buying silver and gold. Get on now or be left behind. They’re already talking about silver millionaires. My ETF of silver PSLV Canadian, and you can redeem shares for physical silver. I was in SLV Made a lot there. But that is run by Jamie diamond’s bank. They’ve been penalized several times for not backing their paper with physical silver. GLTA

Mentions:#PSLV#SLV
r/wallstreetbetsSee Comment

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
r/investingSee Comment

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.

r/wallstreetbetsSee Comment

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
r/wallstreetbetsSee Comment

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
r/investingSee Comment

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
r/wallstreetbetsSee Comment

That SLV and PSLV sellout

Mentions:#SLV#PSLV
r/wallstreetbetsSee Comment

And PSLV

Mentions:#PSLV
r/investingSee Comment

PSLV

Mentions:#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
r/wallstreetbetsSee Comment

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

r/wallstreetbetsSee Comment

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
r/wallstreetbetsSee Comment

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
r/wallstreetbetsSee Comment

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