Twilight Zone as ETF Provider Warns Buying Silver will Harm Hedge Funds and Large Banks

Twilight Zone as ETF Provider Warns Buying Silver will Harm Hedge Funds and Large Banks The panic among silver-backed ETFs triggered by a surge in demand for silver sees no sign of abating and is entering the realm of the Twilight Zone. First we had SLV, the world’s largest silver ETF, warning that there may not be enough available silver to supply to the iShares Silver Trust.

Now we have Aberdeen Standard, operator of the SIVR silver ETF, openly panicking about a rising silver price and siding with hedge funds and large banks who are substantial silver shorts. Continue reading…

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