Tied with the price of gold, the value of silver, along with the stocks of silver mining companies, have been trending lower in recent weeks. But, according to Eric Sprott of Sprott Asset Management Inc., this dip is not an accurate indication of silver’s future, and could even be the result of “market manipulation.”
“I think silver is going to be the big investment of this decade,” said Sprott, speaking at the Vancouver Resource Investment Conference. “I see the money pouring into silver and I feel the shortage. You see the data from China, you see the data from India, and you say ‘why the hell is the price going down?’ It makes no sense.”
