The Government Lied. . .There Is No More Silver!
Source: SilverSeek, Casey Research (3/17/11)
"Eric Sprott discusses dwindling global silver supply."
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.
Ed Steer, editor of Gold & Silver Daily 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.
Read The Gold Report's recent exclusive with Eric and Larisa Sprott, The Sprotts Expect Silver to Keep on Sizzling.
Ed Steer, editor of Gold & Silver Daily 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.
Read The Gold Report's recent exclusive with Eric and Larisa Sprott, The Sprotts Expect Silver to Keep on Sizzling.