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Silver price update from Eric Sprott and James Turk

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Uploaded by on Aug 5, 2011

Watch the full 33-minute interview at http://www.goldmoney.com/sprott-turk-interview.html/. In this video, recorded August 4 2011, Eric Sprott, Chairman of Sprott Asset Management, and James Turk, Director of the GoldMoney Foundation, talk about how there isn't enough silver in the silver market to back existing "paper silver" commitments. Sprott thinks that "silver will be the investment of this decade".

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  • GREAT VIDEO THANKS

    BUY PHYSICAL GOLD & SILVER

  • @raspberrybaggio Over the past 10 years, silver's and gold's fall advances from the summer lows have averaged 34.6% and 20.7% respectively. Taking into account this summer's silver low of $33.85 and gold's low of $1483, and the historical mean advance, you could speculate that the potential fall target for silver and gold could be 'at least' $46 and $1790. I think for this year, this fall target is quite conservative.

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  • If you're not stackin' you're slackin'(.)

  • Eric Sprott -superstar-rockstar-supersilve­r smart .rock on silverking and screw all you naysaying idiots.......YOU SUCK.

  • During the recent surge in gold price to $1800, silver didn't move and remained stable at $40. I always believed silver 'piggy-backed' gold but not on this occasion. Why was this? The price of silver seems ludicrously low at $40. Even with a ratio of 20:1 the price should be more than double at $90. People all over the world appear to be buying physical silver and yet the price remains static. My gut feeling is that the price is being depressed, possibly by ETFs manipulating the market.

  • @CanadaTomorrow

    You forgot : A guy whos been right for 10 years running... smh

  • @jowdan101

    The price of silver is currently being manipulated by JP Morgan's fake contracts but these banksters have been EXPOSED.

    Watch the price silver closely if low buy more when its high buy 1 oz. DO NOT SELL!

  • @TheDoogee

    And ounce it becomes extinct its price will skyrocket probably surpassing gold.

  • USGS said that if current trends continue, silver will be the first element to become extinct on the periodic table...

  • the banksters ruined america now started on europe n the world will one day soon face the music we are Not as stubid as they think we r, they cannot control the internet like mainstream news we are learning the truth now in the end their BS mickey mouse money based on FA will be worth just that FA but slver n gold Is real they cannot create it out of thin air (fractional banking) or print more Jet engine bearings need Real silver Jesus was betrayed for silver, silver will be their downfall soon

  • @jowdan101 u will one day soon mate pls go to the silver institute to find out at How important silver is to modern industry even cruise missiles need 480 OZ of silver for each one to build for now the bankers are allowed to sell silver on paper they do Not have for this they Must manipulate the prices down for they stand to lose a million for each dollar an OZ silver goes up but they wont be able to manipulate prices for ever If they don't steal consfiscate ppl's silver the sky's the limit GL

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