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Silver bull: Sprott’s Smirnova on why the precious metal is set to rise in the post-pandemic recovery Shirley Won Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Kristina Dittmar/The Globe and Mail
Maria Smirnova runs the only silver equity mutual fund in North America. Her $278-million Ninepoint Silver Equities fund was the brainchild of Eric Sprott, her former boss, mentor and now a mining financier, who has long been a bull on “poor man’s gold.” But soon after the fund’s launch in 2012, silver fell into a bear market. The metal shot up in price after COVID-19 took hold last year, however, and silver producers’ shares have soared. We asked the 43-year-old, who also co-runs Ninepoint’s Gold & Precious Minerals fund, why U.S. President Joe Biden’s