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Fortuna Silver Mines Inc. Message Board

  • greatemailslob greatemailslob Oct 19, 2012 7:47 PM Flag

    Sprott Asset Management who are big fans of gold and

    Sprott Asset Management who are big fans of gold and
    silver put out an interesting note...
    They write, “Last Friday we updated readers of an astounding
    3.6 million ounce REGISTERED silver withdrawal
    from Brink’s COMEX vaults. The physical silver drain continued
    Tuesday, as a massive 1.2 million additional REGISTERED
    ounces were withdrawn—again from Brink’s
    vaults!! This brings the total to nearly 5 million ounces of
    REGISTERED silver withdrawn from a single COMEX depository
    in the span of 3 days! This is approximately 25%
    of Brink’s entire REGISTERED inventory, and 12% of the
    entire COMEX REGISERED SILVER INVENTORY!!!”
    Obviously, something is going on in silver and I suspect
    it’s not the Hunt Family

    Sentiment: Buy

 
FSM
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