MUST WATCHEric Sprott interview on his call for miners to save in silver rather than cash, and his troubles sourcing silver for the PSLV add on filing.
14 comments:
Flying Wombat
said...
To place this clip in historical context, this comes from the Casey Research "When Money Dies" 2011 conference, held between Oct. 1 through Oct. 3. It appears that Casey Research tossed the edited clip up on to YouTube today.
Anon-6:22, that's not a fact-based counter-argument. You basically have contributed nothing.
The mainstream media and conversations with nearly anyone in general society regarding precious metals will most assuredly be slanted against holding PMs. Why not have a few places on the internet to talk openly and in favor of PMs? At least Sprott makes fact-based arguments to make his case while you are just a windbag. The ratio of discussion in the general media/society against holding PMs is easily 100-to-1 against the "barbarous relics."
Since you object, don't waste your time here. Don't let the door hit you in the ass as you leave.
Eric Sprott does exude confidence/competence. No wonder his fund sells at a premium to SLV. No paper for me, thanks, but if I bought any it would be from this guy. Thank you for posting this, Doc. Great site!
Minor quibble with Doc's introduction: If the video was taken in Oct 2011, Sprott hadn't even executed the add-on filing yet.
Sprott needs to clear up his point on the 1:1 investment dollars ratio. It's not coming across clearly. What I get from it though is that physical silver is disappearing into private ownership disproportionately fast compared to gold (and perhaps the production rates and presumed available above ground supply).
Flying Wombat 8:06. Spot on, Amen and thank you. People like ANON 6:22 are either Trolls or just knotheads with nothing better to do. There's really too much reading the good stuff to have to filter out the junk.
One interesting stat. All the Canadian silver production is being used for Canadian coinage. ALL the 35 million ounces of US silver production (A production that is 15% less than 2010) is being used for US silver coinage. Who will sell us their silver if we run short? If silver is as vital as being touted, as an industrial, strategic and medical metal, who will be the first to embargo silver to this country or end up nationalizing their mines and refuse to sell to us South American countries are growing increasingly hostile to us. Hugo and Ahmedinjad are stirring up troubles. I do not see the silver shortage ending well.
14 comments:
To place this clip in historical context, this comes from the Casey Research "When Money Dies" 2011 conference, held between Oct. 1 through Oct. 3. It appears that Casey Research tossed the edited clip up on to YouTube today.
"To place this clip in historical context"
Thank you Flying w
Just waiting for month end(Jan 23-31)silver smash to spend my last $300,000. fiat to Apmex.
tulving is cheaper than ampex
Just what you expect the propaganda machine to start.up! Price isn't going as expected so scream manipulation later
If you want a low vis offshore location for your bullion holdings try ABC Bullion in Sydney, Australia - http://www.abcbullion.com.au
Anon-6:22, that's not a fact-based counter-argument. You basically have contributed nothing.
The mainstream media and conversations with nearly anyone in general society regarding precious metals will most assuredly be slanted against holding PMs. Why not have a few places on the internet to talk openly and in favor of PMs? At least Sprott makes fact-based arguments to make his case while you are just a windbag. The ratio of discussion in the general media/society against holding PMs is easily 100-to-1 against the "barbarous relics."
Since you object, don't waste your time here. Don't let the door hit you in the ass as you leave.
Preaching to the choir but I still love the tune.
anon @ 4:52,
smash possible, fed/ecb meetings at the end of this month also. september after the fed meeting, gold/silver were smashed.
Eric Sprott does exude confidence/competence. No wonder his fund sells at a premium to SLV. No paper for me, thanks, but if I bought any it would be from this guy.
Thank you for posting this, Doc. Great site!
I'm in Sydney also. Definitely need a local silver group.
Minor quibble with Doc's introduction: If the video was taken in Oct 2011, Sprott hadn't even executed the add-on filing yet.
Sprott needs to clear up his point on the 1:1 investment dollars ratio. It's not coming across clearly. What I get from it though is that physical silver is disappearing into private ownership disproportionately fast compared to gold (and perhaps the production rates and presumed available above ground supply).
Flying Wombat 8:06. Spot on, Amen and thank you. People like ANON 6:22 are either Trolls or just knotheads with nothing better to do. There's really too much reading the good stuff to have to filter out the junk.
2 Oz. per week
One interesting stat. All the Canadian silver production is being used for Canadian coinage. ALL the 35 million ounces of US silver production (A production that is 15% less than 2010) is being used for US silver coinage.
Who will sell us their silver if we run short? If silver is as vital as being touted, as an industrial, strategic and medical metal, who will be the first to embargo silver to this country or end up nationalizing their mines and refuse to sell to us
South American countries are growing increasingly hostile to us. Hugo and Ahmedinjad are stirring up troubles. I do not see the silver shortage ending well.
Post a Comment