Silver Grows in Popularity, but Prices Can Zigzag Wildly - NYTimes.com

READ MORE: Silver Grows in Popularity, but Prices Can Zigzag Wildly - NYTimes.com: "The iShares offering is a bullion fund. As investors plunk down their money, the sponsor, BlackRock, buys silver bars that are then stored in vaults in London. In December, those vaults held nearly 11 tons. BlackRock contracts with JPMorgan Chase to manage and guard the trove. Investors cannot visit, but they can see a list of the bars, recorded by serial number, online.

Compared with old-fashioned silver investing, an E.T.F. offers “safety and simplicity,” said Kevin S. Feldman, an iShares managing director at BlackRock. You can easily buy and sell shares and don’t have to worry about storage, he says."

SO NICE OF THEM TO LET YOU IMAGINE YOU OWN SILVER.