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Originally Posted by davew
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yes, they just print up more shares as demand comes in, and then they supposedly go out buy silver to back the stock. hypothetically they can print up more stock than there is silver in the world, or they could stop taking new orders.
SLV is shortable just like any other stock. if they create a shortage of silver, the miners may hold back selling the silver waiting for a higher price as well.. as you can see, this has the ability to create one big mess and disrupt all markets.
by the way, there are plenty of other silver and gold etf's throughout the world that the US government would have no control over.
