Submitted by Francis Soyer: 05/04/11
We may have turned the corner after todays session. While we have heard many things over the past week or so none of which changed the thesis as to why to own and notice I say OWN (as appossed to rent or on margin in Chicago so you can bent over by the CME, CFTC and their partners in crime) have only improved as to why to own precious metal as a backstop to the USD losing its reserve currency status in the coming days. And NO SLV is not a safe vehicle, there will come a day when SLV ETF certificates will be worth the paper they are written on. If you doubt that then check the prospectus and you will see numerous get out of jail free clauses that basically say they can make delivery of physical silver whenever they dam well please. And for new investors in Silver the SLV ETF is managed by None other than JP Morgan, the same slime who have been artificially pushing price of Silver lower to get out of their short position. PSLV is the closest and only vehicle I have found for actually being able to take delivery when needed without getting robbed. And no Silver and Coin brokers that offer to store it on your behalf are not safe either. The Silver sneed to be in your hands, at your home and in a Safe. For a list of reputable bullion dealers email in the comments section and I will be happy to provide.
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