1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Articles (4624) 

Eric Sprott - Silver to Outshine Gold as Investment of the Decade

December 11, 2012 | About:

After the introduction Eric Sprott joins the program at roughly the four-minute mark.

Some of his observations:

- Actual supply-demand imbalance is what brought him to gold years ago.

- His investment has been helped by the actions of central bankers.

- He thinks gold can still go many times higher than where it is today.

- He believes that governments are acting to suppress the price of gold (by leasing gold into the market) because a rising price of gold panics markets.

- At this time there is a clear shortage of supply.

- The demand increase is coming from China and non-Western central banks.

- Supply has been flat for a decade and a half.

About the author:


Rating: 5.0/5 (1 vote)


Please leave your comment:

GuruFocus Mobile App

User Generated Screeners

DBrizan22Oct2016 quality2
DBrizan22Oct2016 quality
DBrizanquality 22Oct2016
DBrizan"quality 21Oct2016
DBrizanquality 21Oct2016
HrZgScreen 1
gjg3000Real Estate F and EV
Doug TaylorNCAV
deloriesGreat Backtesting Portfolio 1
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)