Ignore today's dive in Sprott Physical Silver Trust (PSLV -3.8%, with SLV +0.3%) on the back of...

|About: Sprott Physical Silver T... (PSLV)|By:, SA News Editor
Ignore today's dive in Sprott Physical Silver Trust (PSLV -3.8%, with SLV +0.3%) on the back of about a $200M follow-on offering, writes Brendan Conway. Sprott is simply turning the fund's premium to NAV into cash with which to buy more silver - exactly what an owner of the shares wants to see.