- Read the full article at King World News, here:
Wednesday, November 30, 2011
Eric Sprott - Silver Producers: A Call to Action
“If they were to reinvest all their earnings back into silver, it would shrink available 2011 investment supply by 82%... Silver miners need to acknowledge that investors buy their shares because they believe the price of silver is going higher. We certainly do, and we are extremely active in the silver equity space. We would never buy these stocks if we didn’t. Nothing would please us more than to see these companies begin to hold a portion of their cash reserves in the very metal they produce. Silver is just another form of currency today, after all, and a superior one at that.”
