I see the first PSLV I purchased was in 2012, I think about the time Sprott brought out that physical silver ETF. I have been listening to "short squeeze" stories on silver since quite a few years before that. Maybe they are actually going to turn out to be true. Some day. If like another poster pointed out if they don't bail out the shorts or change the game like with the Hunt brothers. We will see.

I bought a bunch more in 2021 when we finished up wrapping up the farm (and wrapped up our debt) and went into full retirement. At that time I considered gold and silver (CEF and PSLV) as "cash" and at that time our net worth ended up in about half farm land and half cash. After the tax bill got done with us. I may need to rebalance some day.