One for the silver bulls
In this interview by Paul Harris of Kitco, Eric Sprott says why he is bullish for silver and reveals his strategy for maximising his returns.
This link to the Kitco interview was kindly sent to me by Michael Oliver. In it, Eric reveals that he expects gold to go higher, taking silver with it to possibly over $50. I agree with his analysis which is why I’m keen to share it with you.
Key points:
Focus on gold and silver as a strategic investment
Silver to 'skyrocket': Sprott believes silver could reach $250-$500
Sees stock market vulnerabilities: and is shorting the market
Junior exploration space: Sprott's investment strategy
Gold forecast: Well north of $3,000 by the end of the year
The fine folks at Sprott are my primary source for stacking physical. 👍 Eric Sprott is a hero in the PM space.
People have been saying that silver is going to skyrocket for 40 years. It’s been the same thing over and over again, and over and over again they have been wrong. Dead wrong. I own a lot of silver and I do look forward to the time when it turns out that they were right.