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Sprott Is Bullish on Silver—and Gold—Equities
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Thread: Sprott Is Bullish on Silver—and Gold—Equities

  1. #1
    Join Date
    May 2003
    Posts
    4,170

    Post Sprott Is Bullish on Silver—and Gold—Equities

    Snippet:
    Sprott Silver Equities Class Co-Manager Maria Smirnova understands the power of leverage. She has seen the big impact even a slight increase in the silver price can have on silver producers. Every cent is multiplied and goes right to the investor's bottom line, giving the equities more upside than possible in a coin. That is why Eric Sprott increased holdings of silver equities in certain Sprott funds, as explained in this interview.





    Author(s):
    The Gold Report and Maria Smirnova


    Source: Brian Sylvester of The Gold Report

    Wednesday, May 22nd


    read more


    More...

  2. #2
    Join Date
    Jun 2011
    Posts
    568

    Default

    Of course he's bullish on silver.

    Bullish on silver in the same way a farmer is bullish on rain during a severe drought.

    Should we expect anything different from someone who's investments are mostly all in mining and mining related companies?

    And what does the below quote from the co-manager mean?

    "Every cent is multiplied and goes right to the investor's bottom line, giving the equities more upside than possible in a coin"

    Are they saying owning equities or mining companies are better than owning a silver coin?

    Or is the word "coin" some kind of wall street lingo?

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