Volatile Silver Market Hurts Silver Miners

Precious Metals

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.

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