Friday, January 27, 2012

Silver Miner To Buy Into Sprott's PSLV; Start Holding Silver In Lieu Of Cash

http://ml-implode.com/staticnews/2012-01-27_BREAKINGSilverMinerToBuyIntoSprottsPSLVStartHoldingSilverInLieuO.html



From: Nazir
Sent: Thursday, January 26, 2012 9:05 PM
To: <jimwilliecb@gmail.com>
Subject: Re: Mktng in nYc today - hearing that blackrock is launching a
 massive silver equity etf
 
Yes I know but this is a mining etf not the metal 
You are probably right. Initially a pop then shorting of all equities 
till kingdom come
I dont trust the slv or gld that's why my largest holdings are pslv and 
phys
 
Here's an exclusive for your newsletter . I checked with Keith 
 
Ag first majestic took part in the PSLV recent financing 349 million
which closed monday the only silver miner to do that
The amount is 10 million of the financing
So it seems Eric Sprott's message to the silver miners of holding excess
 cash in silver taking shape
 
Another nail on the coffin for comex as miners seek to end the
manipulation

No comments:

Post a Comment