5/12/11

Followup to Does SLV Have Any Silver

I wrote a followup article to my SLV post. It's available on Seeking Alpha.

I asked the sponsor of ETF Securities' SIVR, a similar physically backed silver ETF, some questions about the custodian. These included how silver is stored, where it comes from, and what happens when shares are shorted.

I also asked refiners whether they manufactured the silver bars on the iShares and ETF Securities lists.