I haven't read the confirmation yet, but Barclays was about to close a deal with BlackRock for the sale of its iShares portfolio, including the Silver ETF. I even believe that Bob Dole, Vice-Chairman of BlackRock was congratulated for a purchase today on CNBC, so I guess that this must have been the deal they were talking about.

When last month CVC Group made an offer for the iShares, it could have been a positive thing for silver, but as far as I know, BlackRock belongs to the darkest Dark Pool managers/manipulators of this planet ($1.3 trillion assets under management), so we can expect only bad things from them as new owners/managers of the iShares.

I wonder why BlackRock would be interested to buy an ETF that seems nothing else than a Ponzi scheme.

Just watch at the link below how fast Blackrock has grown.

http://www2.blackrock.com/global/hom...