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RE: ALERT VIDEO: The US Dollar Continues To Dive, With No End In Sight! By Gregory Mannarino
Hey Greg, I recently invested in silver paper derivatives. I know you hate this stuff, but it looked like a nice opportunity. I was down big initially, but I followed the One Rule you Should Never Break and just continued to cost average down. Made a nice return today and I am happy to say I am keeping my promise of giving 10% away to charity!
If your going to invest in Silver Paper. Sprott Physical Silver Trust is the only ETF that the silver is not leveraged.
The share units is 2.5 to 1 oz of Silver. If the price of Silver is $16.00 divided by 2.5 = $6.40 per unit. It is the only ETF where investors can receive physical Silver delivery at 750 ounces or more.
Awesome! I LOVE it! Thanks for sharing.
Same here but with physical.