PSLV Is a great leverage to the silver price Its very likely that we will see a much higher silver price in the next 5 years +.
PSLV is leveraged nicely to benefit from this.
−0.10USD
−53.54 MUSD
−9.86 MUSD
485.66 M
About Sprott Physical Silver Trust ETV
Sector
Industry
CEO
John Anthony Ciampaglia
Website
Headquarters
Toronto
Founded
2010
ISIN
CA85207K1075
FIGI
BBG0015XH000
Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices. The company was founded on June 30, 2010 and is headquartered in Toronto, Canada.
SilverSprott Silver ETF on the Weekly chart
-massive cup & handle, patience should be rewarded
-break out occurring on the handle trendline
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinio
PSLV - Taking ProfitsPSLV weekly and daily charts looking a bit extended = time to book some profits. Will leave a little sprinkle on to run just in case - but mostly move to cash and re-enter after a pull-back.
For longer term timeframes I expect that silver will continue to move up …eventually, but likely needs t
PSLV silver ETVNot much else to say except
a buy zone near 3200 and .382 chosen from %
Target for $PSLV is 31$ ....
Sprott etv's are heavily weighted to the price of silver, which for decades has been accumulating in extremely complex impulses and wxyxz corrections.
The book that I learned wave principle from
Inverted head and shoulders completed on PSLVIt appears that an inverted head and shoulders has completed on PSLV.
Unfiltered Silver Analysis for Pure Pragmatists 🎨🥈📉Please leave your feelings at the door.
We are here to art charts and live large.
Silver is in an objectively observable Bear.
Zero yielding rocks, down. Tech with utility, up.
Raw Truth
TVC:SILVER
AMEX:PSLV
FX_IDC:XAGUSD
COMEX:SI1!
AMEX:SLV
Silver/PSLV Savings AccountStarting to think of my PSLV holding as a high interest savings account. Even better is that I trust sprott more than my own bank.
Silver Cup and HandlePlenty 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.
Happy to see silver up today! 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.
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