Monday, April 25, 2011

Eric Sprott

Eric Sprott : “ Silver is the investment of this decade”
“I’ve always thought that silver would move quickly to $50, and it would move to $50 this year – I thought it would get to $50 before year end,” “If you ask me in the three to five year time frame, obviously I think it’s going to go north of $100 simply because we’ll get that 16:1 ratio.” Gold,  is going a lot higher.
“Silver is the investment of this decade as gold was the investment of the last decade. So we’re sitting back waiting for things to evolve here,” - Eric Sprott

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

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