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

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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 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 enourmous upswing by reading his report, The Case for $60 Silver.

Keep on reading: Stock Market News

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    • KingofthePaupers

      Jct: What will you do without any silver rock? Then again, most people don’t have any silver rock which is why it’s so stupid to base your chips on something you don’t have. Guess people without any silver rock will have to use a timebank to trade their goods and services. You can go to the UNILETS Timebank Traders Facebook Group http://www.facebook.com/home.php?sk=group_146919308704209 and lay the keel of your own personal online financial barter lifeboat. If not, better go find yourself some gold because if you do nothing, you deserve to drown in debts, you weren’t worth showing how to save yourself.

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