Volatile Silver Market Hurts Silver Miners
Investing News Network - December 6th, 2011
Mineweb reported an interview with Sprott Asset Management CEO Eric Sprott.
Mineweb reported an interview with Sprott Asset Management CEO Eric Sprott.
Eric Sprott said:
The silver producers have been massively and adversely affected by the volatility in the silver market which, for the most part, is caused by people transacting in paper silver – because most of the transactions on the LBMA and the Comex are all paper transactions.