$ 100.00 HA ! Yeah Right !! Don’t stop there.
http://www.youtube.com/watch?v=STAm_6csuxc OMG OBAMA turning his propaganda similar to Ron Paul’s campaign.
In the Sprott article kiddynamite says “There’s really not much more to say here. If you don’t get it by now, you’re not gonna get it.”
Somebody here please explain to us unwashed masses what it is we were supposed to “get”.
just my guess but i think he means buying the shares is paying more than an once is valued. couple things sprott offers tho for these “overpriced” shares is there is actual p.m. supporting the shares and a good way for americans to own p.m. outside their country. again, just a guess.
I think Sprott sold the silver fund shares and is buying the silver/gold stocks. That`s what Soros did a month ago.
@Casamurphy – he can sell the shares for 20% more than spot silver, so he’s selling his shares to buy physical at spot
It is confusing…. So sprott is buying kore silver?? That guys article seems to bash sprott for not buy silver…?…. But he us? Wtf
Thanks everybody, I get it now.
Or he is investing the amount in his physical silver bullion mutual fund which buys ONLY physical silver. There is no huge premium to pay there and the management fees of the stuff is just 1%. It’s a vicious and unjustified attack by a precious metal hating NWO bankster controlled scum journalist.
Silver now considered a worthy substitute to gold. GO FOR SILVER ! Go for physical silver !
eric sprott stores your metal at the canadian mint. they only loose a few bars. 😉 the mint could force sprott to take cash.
ShittyBank says silver going to $100:
These ppl must be drowning in their own sh*t!
Sprott sold PSLV and purchased silver miners which he felt were over sold. He was right as they have rallied quite well. Sprott Management now controls $9 billion in various funds. It was $8 billion just two months when silver got slaughtered by the bullion banks. Eric Sprott is up to his ears in gold and silver. He has over 70% of his net worth in either bullion or miners.
Maybe Sprott hasn’t done a secondary offering because silver is in such tight supply that the demand he would put on the market by himself would move prices; buying against himself so to speak. Comex is down to 27 million deliverable. I believe it took 3 months to deliver silver during the last offering. 3 months is an eternity in silver these days.
When the Shittibank banksters are telling us silver will more than double in price, maybe it is time to sell.
kid dynoidiot blog sux.- Let Sprott tell us what he is doing with the money- as an example Sprott now owns 10% of US Silver.- Dynoidiot gives no info- worthless.
Considering ShittyBank is JP Morgans Bitch, I wouldn’t take too much notice of ShittyBank