Thursday, February 16, 2012

Eric Sprott - The Future Of Silver - 1/10/12

Eric Sprott on the future of silver.Silver investments, all of them, are volatile. If you are tracking performance day to day you are in the wrong investment. PSLV and SIVR are mid-to-long hold positions, and over the last 6 months PSLV has outperformed SIVR by over 20%. With PSLV you *are* paying a premium where with SIVR you really aren't. If you look at the taxation differences between then, as well as the difference in counter-party risk between them... I'm long in PSLV.

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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