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« The Accumulator Trade 2 Update 19 March 2011 | Main | SK OptionTrader: New Pricing Structure »
Thursday
Mar172011

Eric Sprott: The Government Lied… There is No More Silver!

Eric Sprott.JPG


Speaking at the Casey Research Gold and Resource Summit, Eric Sprott told investors that there is no more silver left to go around, “There’s $22 billion of silver available in the world, of which the ETFs already own half, and between you guys and us we probably own the other half… Which means there’s nothing left.” 

We’ve got the highlights of his speech in the video below.

 Listen as the CEO of Sprott Asset Management discusses the availability of precious metals, the price of gold, the GDP, national debt, and more.

Please click here: Eric Sprott.


Ed Steer, editor of the free Gold & Silver Daily newsletter and longtime GATA member, believes that silver will go to the moon, and soon. Read his explanation why that's the case and how you can profit from this enormous upswing by reading his report, The Case for $60 Silver.



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Our model portfolio is up 138.05% since inception, Average return of 41.27% per trade, 67 closed trades, 65 closed at a profit or a 97% success rate. Average trade open for 43.21 days.


SK model portfolio 14 March 2011.JPG



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Stay on your toes and have a good one.

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Reader Comments (2)

Great clip. Thanks.

They talk about what a genius Buffett is. Yeah, whatever.

Let's see how smart Eric Sprott looks in 5 years...and how their fortunes compare.

I'm guessing gold and silver will do better than industrial lubricants and sugary soft drinks.

March 18, 2011 | Unregistered Commenterfallingman@charter.net

That's right Fallingman, I'm betting on silver (and gold) hands down.
Rock on...Snakeman

March 18, 2011 | Unregistered Commentersnakeman

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