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NAV Premiums of Certain Precious Metal Trusts and Funds

IMG Auteur
Jesse
Le Cafe Americain
Published : March 18th, 2015
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Category : GoldWire


Sprott Silver has raised its cash level by selling 100,000 ounces of silver from the Trust.

They have essentially converted a small portion of their silver assets to cash in order to manage their ongoing expenses.

This is less interesting method than a secondary offering, but the appropriate response given the somewhat dampened enthusiasm in sentiment that is a portion of the bear market in metals.
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