SLV / PSLV - Your Thoughts

First, thanks to all the info here, great stuff. Second, to my question here. I'm not a knowledgeable investor, but I have a good high level understanding of what's going on in the Economy and share a believe of the inevitable collapse and the importance of investing in PM's and other Commodities, as well as the importance of having actual physical. I also understand the risks of SLV from comments here and elsewhere, but what about PSLV? When the gig is up with the CCC, is the general idea that PSLV is a safe? Anyone analyze the prospectus? Loopholes preventing the little guy from taking physical delivery from PSLV?