There was an article in this weekends WallStreet Journal about silver and actually I felt it was quite negative. It points out that silver investors could get burned and talks about the large 22% premium for Eric Sprott's silver fund, PSLV. As the article states, "Why would anyone pay $1.22 on the dollar for an asset that has already delivered blinding returns?"

Personally I thought the article was biased....against silver. But one thing that I had heard and found interesting was the fact that Mr. Spott has registered to allow himself to sell his shares should he choose to do so. He certainly has a right to sell whenever he wants to but this is where by foggie light bulb ......oops.....I mean "froggie" light bulb went on. When Eric Sprott decides to sell his shares that should give us a good indicator that he thinks silver has peaked....at least for the time being.