There is misleading information and propaganda in the claim that SLV is 100% backed by physical silver…
This week, the Financial Times reported that Silver ETF assets surge to all-time high.
Silver ETF assets surge to all-time high as retail investors pile in https://www.ft.com/content/22ee1221-1…
However, there was misleading information and propaganda in the article as the article claimed that SLV is 100% backed by physical silver.
This is despite many gold and silver experts including Trace Mayer (back in 2009), Eric Sprott, Dave Kranzler and the people at the Gold Anti-Trust Action Committee (GATA) going into great detail about the legal loopholes in the prospectus of both GLD and SLV.
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