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
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)

Comments

Please leave your comment:


More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by CanadianValue


User Generated Screeners


skoutasEPV
sbeccuegfTweedy Brown
Miguel PrioreBRIC PS+JG+MP
ngcp66best screen
Ps0FaLongListStocks
Ps0FaShortListStocks
lmm50MAY
DANGORDONFAST GROWERS 5-28-17
lmm50insider
DANGORDONOP MARG PROF, ROE 5-28-17
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)
FEEDBACK