Sprott Physical Silver Trust ETV

PSLV NYSE ARCA & MKT

CG_Financial

Elliot bull count for silver

RobAllenS

Plenty of talk of Mints raising febrication costs, shortages, premiums. Most of the WSB "squeeze" trapped buyers have probably exited during this correction. May be time for a squeeze that is lasting.

sobo102

PSLV has bounced from the weekly level that I had been eyeing for weeks, where I have been compounding again and again. Today it seems to be officially breaking out from the CC range too. The fib time levels also working nicely imo.

Silverstone127

Silver ~ The lid’s about to blow off this mo fo ~

slkc85

PSLV Bullish?

Silverstone127

I’m starting to invest in silver because it’s gonna go up. Reasons are 1). It’s a finite quantity 2). Industry uses it and is currently needing MORE 3). It’s Pretty 4). Some Jack-asses shorted it, so when it goes UP, they have to buy MORE, creating a “short squeeze” 5). Tah-Dah!

greenvention

AG and PSLV are both popular silver stocks that more or less track the spot price of silver. PSLV cannot be shorted as each share is backed by 1/3 of an ounce of physical silver. Meanwhile AG can be shorted, so let's look at this chart of AG/PSLV to get an idea of what short sellers are up to. At the beginning of the month it looks like short sellers got scared...

forsytjr

The top of this chart is the ratio of PSLV price to XAGUSD (Silver spot price). PSLV holds 0.361 Ozs of silver per share/unit. Lines are drawn for P/NAV=1, and at 1 and 2% premium levels. Since PSLV is a closed end fund, it may trade at a premium. However, PSLV has a shelf offer allowing them to add shares/silver, which they have been doing. By...

Tall_Timber

Quick, fun, 10 year look at the silver price monthly. Post Covid Interest is remarkable. Just a silverbug take. I'm long and biased! Eagerly anticipating additional support as the industrial beggars enter a future where they will bid to my HODLer brethren (monetary understanding) askers. @Badcharts1 @TradingView

g-man_

A potential cup and handle pattern was forming around a possible wave 2/wave 3 transition that would have finished in a bigger move that roughly lined up with $50 silver around the end of the year. The initial move off the March low didn't follow fib levels but does resemble a 5 wave move followed by some consolidation so it was primed for a move which is the...

WadeYendall

PSLV is another vehicle I'm using for my long silver trades. I like it because it it redeemable for physical silver in small increment than SLV and the share price is lower. More or less identical chart to SLV and looking like it may gap up tomorrow by 4-5 %. Resistance should be found in the 10 - 10.50 range. Look for a pullback entry or wait for price to...

VillainDynamics

- Dip then Bull Run Q3 and Q4 2021 - Probably corresponding to the Caronavirus spending watering down the dollar. BTC should also run during this period.

ReversalJerk

PSLV • Why enter? Looking for continuation off 10ema. • Entry: 6.63 • Stop loss: 6.58 • Profit target 1: 6.75 • Profit target 2: 6.84 • Profit target 3: 7.19

fibonacci6180

Next target is 6.11/ 423,60%

luckylegs10

On the 4th bar up .. not bad for 4500 shares at 5.98 to 6.03.

luckylegs10

I swapped all my SLV at $16 for 1/2 oz of Silver per share PSLV at 5.98 =11.99 per oz Silver. There is my classic buy signal.. the inverted sliding double bottom.

luckylegs10

Oh Wow look at that? W bottom--- for the head. And then Silver signature double camel hump after a huge drop. I'm going to look up what SLV was in 8-2013. The last time PSLV was $15.

dgagli1

Wait for wedge to break before buying or feel free to accumulate at this time. Paper price to ~$25 on SLV