Recently, Eric Sprott had been interviewed by Max Keiser. In the interview, Sprott explained his sell of Sprott Physical Silver Trust ET (PSLV). His explanation confirmed what I taught. I hold both PSLV and PHS.U in my portfolio. I invested in PSLV just before the silver crash, a couple of days ago. I still hold PSLV and PHS.U in my portfolio in date of today and I don’t plan to sell. This interview is very informative and it provides good info for small investors like myself who want to take advantage of silver investment.
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http://www.google.ca/finance?q=TSE:SBT.UN
Not my thing because of the lack of divid but a friend has done well with this silver play.
That was very interesting, thank you for posting it.
Well if you believe in Silver, why do you hold HZD which is a bet on silver going down?
Hi DVDguy,
Thanks for sharing.
Hi Pattirose,
These days, something that never happen before happen: PHS.U and PSVL both down... So I follow up what Sprott has to say about that.
Hi Anonymous,
I believe in silver yes, but for long term holding, I am into PHS.U and the other one. HZD is made for day trading.
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