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Title: SLV: "Authorized Participants May Be Unable to Acquire Sufficient Silver...
Source:
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URL Source: https://www.zerohedge.com/news/2021 ... able-acquire-sufficient-silver
Published: Feb 14, 2021
Author: Tyler Durden
Post Date: 2021-02-14 20:12:34 by Horse
Keywords: None
Views: 59
As of this writing, SLV tokenized futures are up 1.24% Sunday night. trading $25.72 after settling $27.31 on Friday. t was linked in a twitter post by James Turk here. Thanks to @BullionStar and https://t.co/DIvFwhiogM for alerting me to change in #SLV prospectus that let's SLV off the hook if it is full of paper instead of #silver. This admission by SLV could be the trigger that launches the silver rocket. More here: https://t.co/w1EabVxOAN pic.twitter.com/0qr5NUj4Cy — James Turk (@FGMR) February 14, 2021 We went to the source document and took a look. Here is what we found on first pass, adding to what James Turk posted: Emphaisis and "hot takes" ours. Here is the phrase that generated the headline: It is possible that Authorized Participants may be unable to acquire sufficient silver that is acceptable for delivery to the Trust for the issuance of new Baskets due to a limited then-available supply coupled with a surge in demand for the Shares. In such circumstances, the Trust may suspend or restrict the issuance of Baskets. Such occurrence may lead to further volatility in Share price and deviations, which may be significant, in the market price of the Shares relative to the NAV. 
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