The Gold Anti-Trust Action Committee (GATA) found out on Sunday night that the SLV recently changed their prospectus (again) on February 8th without telling anyone about the changes. Talk about changing the rules or moving the goalposts!
GATA Article from Feb 14, 2021: Silver ETF SLV admits trouble sourcing metal and vulnerability to ‘dramatic’ short squeeze: http://gata.org/node/20913
In the updated prospectus, the SLV admits that they cannot source physical silver.
Silver Bullion London Supplies Almost Gone https://youtu.be/VquaSx2kor0