Tuesday, January 10, 2012

Eric Sprott 2012 Silver Market Outlook

Eric Sprott, Chairman of Sprott Asset Management, talks about his 2012 Silver Market Outlook . Eric Sprott is interviewed by Patrick MontesDeOca from Capital Metals Trading Group in this exclusive video as he forecasts the Silver Market for 2012.Both these two correction are orchestrated by the people who are massively short silver says Eric Sprott , a lot of the short positions have been covered at this point he said . Eric Sprott then talks about the disparities between the physical market and the paper silver markets. Eric talks about supply and demand and how the upward pressures on silver price from demand growing much faster than supply are not being accurately reflected. A 900 million ounce silver supply simply cannot cope with a 380 million ounce increase in demand and maintain current prices. Eric also explains that investment sales of silver are 50 to 1 in volume compared to gold and that this means a decreasing gold/silver ratio.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

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