Eric Sprott : Silver price could explode to the upside at anytime

Eric Sprott : I am very optimistic about silver for a number of reasons , we have this very short position in silver and I am sure it will resolve to the upside , when I look at the sales of silver versus gold , US mint sells more dollars of silver than gold , the Canadian mint sells about a dollar and half of gold to a dollar of silver Goldmoney sells more dollars of silver than Gold Sprott Money does the same thing , people cannot continue to buy at one to one ratio and the prices are 40 to one it sure is going to resolve to the upside , the paper shorts already got seriously burnt they will go the way of fiat currency .....

Gold was the investment of the last decade and silver will be the investment of this decade , and I do believe in the thesis that silver will get back to a 16 to 1 ratio to Gold , so Gold is over $1600 , so theoretically Silver can be a 100 dollars , I see the buying coming in to one to one I see the supply of Gold above ground is approximately a hundred tims greater than silver but the buying is one to one so something got to give somewhere ....
you just see things developing in the market that could make it explode at any moment in time , I'd say 3 to 5 years for sure it will trade 16 to one , it could go parabolic at any moment  , and we have a financial system at the edge of a cliff here so , all I know is that you can safely own it  go to sleep at night you will be a winner at the end of a certain time , you will be a big winner at the end of that time period


MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Eric Sprott : Silver can be at $100/oz

Eric Sprott : Gold was the investment of the last decade and silver will be the investment of this decade , and I do believe in the thesis that silver will get back to a 16 to 1 ratio to Gold , so Gold is over $1600 , so theoretically Silver can be a 100 dollars , I see the buying coming in to one to one I see the supply of Gold above ground is approximately a hundred tims greater than silver but the buying is one to one so something got to give somewhere ....





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bob Chapman - Freedom Files - 04 Aug 2011

Bob Chapman : the DOW going down by 512 Points is not a natural correction it is all done by design and by the government says Bob Chapman , This 12 member committee is like the supreme soviet ,a supreme fascist council that will start doing legislation and totally bypass the congress and one of the first things they will do is going after the guns....
the commodity market was ravaged it is all by design , the markets in Europe are are also plummeting, the ECB is a financial serious trouble , there is much more to this than what meets the eye ....we may end up like Nazi Germany a corporate fascism , anybody who has a retirement in one form or the other is going to be crucified ....