Eric Sprott' current view on Silver mining companieslink:...

Eric Sprott' current view on Silver mining companies

link: http://bit.ly/17u2yu4


Over the last couple of days I've had quite a number of readers ask me what was up with Eric Sprott selling a boat load of PSLV. When I first heard about this on Monday, I picked up the phone and asked him about it. He told me that a lot of the shares he sold were inside his charitable foundation...and he had to sell a bunch to meet some obligations there...and the rest of the units he sold were to buy shares in silver mining companies. He feels that they will outperform the metal itself on the next rally...and I agree.