Looks as if Eric is up to his old tricks again. If this is any indication of last time, we can expect a new issue of Sprott Physical Silver Trust Shares soon. The NAV Premium was roughly in the 16-19% range when he locked in his profits. This is a huge gain, and is similar to what he did to the Gold Physical Trust.
Expect an announcement soon. Of course this hurts some in the short term. But ultimately it is much better for the Silver Bull market in the long run. As much more Physical Silver will be taken off the market, thus driving up the price of both the physical and the shares.
Keep your eye on the long term, as I said Volatility is only going to get more intense from here on out.