Wednesday, May 4, 2011

iShares Silver Trust (SLV) scam exposed

iShares Silver Trust (SLV) scam exposed

GET PHYSICAL iShares Silver Trust (SLV) scam exposed . BUY PHYSICAL ONLY ! Never trust banks with your physical metal.I knew this about the SLV (and GLD) but everyone should know this info!The GLD and SLV are insurance policies securing a lifeboat on the Titanic, but if she hits an iceberg then the insurance becomes payable in cash. Beautiful.To trust a banker is like trusting the devil. Don't cry when you get burned. Owning physical is the only way to go now. A year or two ago they changed the wording from "the trust holds silver" to "The trust is EXPECTED TO hold silver.  Why the change?! It's almost like, you go to the vaults, and lo and behold they have aluminum bars (not silver) and the custodian and the trustee both said, "Well, gee, we EXPECTED them to be silver. Oh well. Too bad for you ... we put it in the prospectus, so don't say we didn't warn you

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