Silver Miners Should Store Reserves in the Metal Not Cash, Says Sprott
Investing News Network - November 30th, 2011
Mining Weekly reported that Sprott Asset Management says silver miners should invest some cash reserves in physical silver.
Mining Weekly reported that Sprott Asset Management says silver miners should invest some cash reserves in physical silver.
As quoted in the market news:
Sprott has long criticised the debt levels of most banks as unsustainable, and encourages investors to keep at least some of their wealth in physical precious metals – especially silver – and outside of corporate banks. Now he’s encouraging the producers of the metal to do the same.