Contact Us Form

Thank you for contacting Sprott Money.  We will respond to you within 1 business day.



The Sprott Money Team

Sprott Money Ltd.
111 Queen St. East
Suite 501
Toronto, Ontario M5C 1S2

[t] 1.888.861.0775
[f] 416.861.9855

Administrative office only - no walk-in sales.


Please Try Again After Some Time...
Please enter valid captcha
Loading Image

Toll Free: 1-888-861-0775; Local: 416-861-0775

Swipe to the left

Endeavour Silver Provides Blueprint to Sprott’s Call to Action - Fox Business

By admin 4 years ago 183 Views No comments

Article Excerpt:

Read the article here.

"Sprott’s “Call to Action” letter suggested, “Instead of selling all their silver for cash and depositing that cash in a levered bank, silver miners should seriously consider storing a portion of their reserves in physical silver outside of the banking system. Why take on all the risks of the bank when you can hold hard cash through the very metal that you mine? Given the current environment, we see much greater risk holding cash in a bank than we do in holding precious metals.” Furthermore, holding silver instead of cash as a form of savings allows silver miners to convert their silver into cash at an opportune time."

Back to top