...hat das dazu geschrieben (e-mail):
"Silver set to explode in price
-- SEC clears Barclays iShares Silver Trust
-- Launch of Barclays' Silver ETF Imminent
-- Hundred-Year Long Trend of Low Silver Prices is Ending
Valued Subcriber!
The SEC has Cleared the Barclays Silver ETF (Exchange Traded Fund). The ETF will allow investors to buy silver as easily as they buy stocks, and the trading symbol on the AMEX should be SLV, and could start trading as early as tomorrow, or by the end of next week.
Interestingly, Barclays has only deposited 1.5 million ounces of silver with their bullion custodian, not the 130 million ounces that was anticipated. Thus, the significant silver buying has not yet started, and is still to come, especially as the large pension funds with hundreds of billions of dollars start buying. Most of the large funds cannot buy silver unless it is in the form of an ETF, and the ETF was built to enable these funds to buy silver. If even 1% of just one of the largest funds is invested into the Silver ETF, it would be over $2 billion, which, at $13/oz., is over 153 million ounces of silver, which is far more silver than is available at the NYMEX, the large commodity exchange in New York."
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