Eric Sprott, CEO of Sprott Asset Management, gave a presentation on gold and silver at the Fall 2010 Casey Research Gold & Resource Summit. The video shows slides as well. Sprott's firm started an exchange traded physical silver trust (ticker symbol: PSLV) and a physical gold trust (PHYS). It appears that market participants have cornered the silver market.
|Sprott Phsyical Silver Trust ETF|
After the jump watch the full video courtesy of Casey Research and see a chart of 24 Hour Silver Spot and London PM Fix 1985-Present via Kitco.
24 Hour Silver Spot Price (Kitco.com)
|Silver London PM Fix 1985 - Present (Kitco.com)|