"This Is Very Risky": China Silver-Fund Manager Issues Warnings As Premiums Soar

Authored by Yihui Xie via Bloomberg,

The manager of China’s only pure-play silver fund has issued a rare series of warnings to investors about the risk of “significant losses” should the metal’s record-breaking rally come to an end.

The UBS SDIC Silver Futures Fund LOF is currently trading around 12% higher than the value of its underlying assets