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Eric Sprott – Jim Sinclair, $11,000 Gold & Skyrocketing Silver

 
“Well, the funny part about gold and silver: If you put all of the gold in the world that is above ground and compare it to the known silver above ground, the ratio is 150 times more gold than silver….

“So if people keep buying silver at a 1/1 ratio with gold, which the US Mint data shows, obviously there is a time when the silver shortage will present itself. You just can’t invest that much money in that product (silver). It’s a very small product when it comes to known inventory.

Yet the demand has been substantial. I think the data on silver (demand) is it’s up something like 50% to 100%. It’s been up substantially this year.  And I think there is an element of the population, probably most of them tune in to your network, that realize there are problems out there. They are quite prepared to own silver and they do so in increasing amounts.

Read the complete article at King World News here.

# Here you can see WHY it’s crucial to own physical gold & silver now, and HOW you can buy [and sell] it.

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Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

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