The Sprott Physical Silver Trust (PSLV) falls 2.6% premarket after announcing yet another secondary offering. If there is a shortage of silver, asks Kid Dynamite, why didn't the price of the metal tick up on the announcement a big player is about to buy several hundred million dollars worth? [View news story]
So who ever said the silver market was simply supply and demand. Heard of JP Morgan?
The Sprott Physical Silver Trust (PSLV) falls 2.6% premarket after announcing yet another secondary offering. If there is a shortage of silver, asks Kid Dynamite, why didn't the price of the metal tick up on the announcement a big player is about to buy several hundred million dollars worth? [View news story]