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EXPOSED: SLV Has ZERO Physical Silver — The $14 Billion Fraud Nobody Saw Coming 🚨 I read the entire 67-page SLV prospectus. What I found buried in the legal language could affect every silver investor who trusts this $14 billion ETF. The subcustodian arrangements, unallocated accounts, and limited verification create a structure that most shareholders don't understand. I'm John AG, and in this video I read you the EXACT quotes from SLV's prospectus that every shareholder needs to know before investing another dollar. ⚠️ DISCLAIMER: This video is for educational and entertainment purposes only. Nothing in this video constitutes financial, investment, or legal advice. I am not a licensed financial advisor. The analysis presented represents my interpretation of publicly available prospectus language and does not constitute a claim of definitive knowledge regarding SLV's actual holdings. "Zero physical silver" in the title is used provocatively to highlight structural concerns disclosed in the prospectus; I am not asserting factual knowledge that SLV holds no silver. SLV may be fully backed by physical silver as claimed. Always read prospectuses before investing. Consult qualified professionals. You can lose money investing.