Tuesday, May 3, 2011

Eric Sprott's Physical Silver Holdings "Higher Than Ever"

So much for yesterday's news that Eric Sprott was getting the heck out of dodge and dumping his physical silver PSLV position. Today, Sprott confirmed that all proceeds were invested back into silver, and that "our position in physical ounces is higher than its ever been." 
Instead of confirming the bearish rumors, Sprott actually increased his outlook for silver from $50 to $100!
Well Blythe, it was a nice rumor while it lasted.

Read Eric Sprott's Entire Interview With King World News: