Stockchase Opinions

Stan Wong Sprott Physical Silver Trust PSLV-N TOP PICK Jan 13, 2011

Invests in actual silver bars held at the Royal Canadian mint. Demand/supply for silver is just as strong if not better as it is for gold. Longer term if the US$ continues to be unstable, silver will do well.
$12.870

Stock price when the opinion was issued

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DON'T BUY
A one year time frame is difficult for him to form an opinion for him. Manager has a good track record over time. Take a look at their main positions and buy into them. Gold has had such a good run, it could be time for silver.
COMMENT
Physical silver. Doesn't know what the management expense ratios are, which is critical. If you want something managed for you, this could be the route to go. Silver has had a tremendous run but doesn't capture his imagination. From this point, it will be difficult for companies to have the potential for at least 100%.
PAST TOP PICK
(A Top Pick Jan 13/11. Up 9.32%.) Sold his holdings at about $17. Feels silver will be okay longer-term.
TOP PICK
This is a convenient way to own physical silver. It has a cost of 45 basis points. This market is broad and pervasive in its up thrust. Supply is constrained as less and less mines come on line. It is like buying gold a year ago.
PAST TOP PICK
(A Top Pick Jun 01/20, Up 31%) The play on silver is alive and well. This brings that diversity to the portfolio. You actually own the physical silver. Silver is used in battery production as well as industrial uses.