Yeah, they brought in a guy last year.. showed up to an online investor meeting and says "the silver market isn't being manipulated". He says this with a straight face and a huge "black eye". I just try and ensure their fluctuations correlate with spot prices.
PSLV still really, unreasonably, criminally underpriced. I might jump back into it
IMO better off buying physical than trying to understand how the Sprott business model works and speculating against it.
Yeah, they brought in a guy last year.. showed up to an online investor meeting and says "the silver market isn't being manipulated". He says this with a straight face and a huge "black eye". I just try and ensure their fluctuations correlate with spot prices.
Fuck that, they store it in the Royal Canadian vaults. No thanks.
Yeah; supposedly you can redeem it once you hit a substantial portion of shares. I jumped out of it since a lot of the fuckery came to light.