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CanadianValue
CanadianValue
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:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 5.0/5 (1 vote)

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