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Eric Sprott: Jim Sinclair, $11,000 Gold & Skyrocketing Silver - King World News

By admin 6 years ago 2839 Views No comments

Interview Excerpt:

"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%."

Read the article here

Sprott Money Canadian Storage Program Now Available!

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