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trader135
03-31-2011, 10:02 AM
What's the difference between the physical silver ETF PSLV and the others like slv,agq...? TIA

About AG
03-31-2011, 10:10 AM
What's the difference between the physical silver ETF PSLV and the others like slv,agq...? TIA

SLV and AGQ are two very different beasts.

PSLV and SLV are very similar, ETF or ETF-like, backed with physical. The main difference is that people seem to trust the Royal Canadian Mint (the custodian for PSLV) more than JPM (the custodian for SLV).

I believe AGQ is a paper-backed product that is designed to double to return of silver. It's only possible to do something like that with paper.