this is from ed steer of casey research, who speculates that the silver etf could be purchased by government sachs:
Posted at the Financial Times in London is a rather disturbing story that doesn't warm the cockles of my heart in the slightest. The thought that Goldman Sachs may end up owning Barclays iShares management business...including the SLV...is a very depressing thought. Picture this if you can...two of the biggest crooks in the U.S. financial industry...one as manager...the other [the biggest silver short on the Comex...JPMorgan] as custodian...running SLV together! If that doesn't make you want to sell SLV and buy physical in hand, I don't know what would. The story is headlined "Goldman working on iShares bid" and the link is here.
http://www.caseyresearch.com/display...