Eric Sprott: SILVER TO GO SUPERNOVA, PAPER MARKETS ARE A JOKE!

http://www.chrismartenson.com/blog/eric-sprott-paper-markets-are-joke-prepare...

Eric Sprott - Paper Markets Are A Joke: Prepare for Bullion Prices to Go Supernova

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[bighorn2004]

The interviewer in Chris Martenson! This dude is a wealth of knowledge and has the best documentary ever called "Crash Course" on Youtube.

[SuperCulloden]

@ostralopithicus

There are many to blame in the killing of the American dollar that once was backed with silver and gold, by turning it into worthless linen paper. namely the Politicians in Washington ...AND ...... so-called American manufacturers.

When a country gives up its manufacturing base, it starts to die, America began giving up its manufacturing base over fifty years ago. The once mighty Great Britain did the same thing seventy years ago; today it's just like a banana republic..

[oxycodonez]

@Pupixario

You can use it to barter goods you fucking retard

[throwerofturds]

i keep hearing there is about a billion oz of silver in reserves . i wonder how much , ballpark , there is in private reserve total . ?

[howierobbery]

martensen sucks, he still thinks silver is a industrial metal, sorry 5000yrs of history proves u wrong, when the SHTF silver always becomes money

[Tasadaru]

I'm with Maloney of at least 10 to 1. Could go even lower.

[TWSceptic]

@Pupixario Actually people with food, water and medicine will always accept some gold to trade for their goods as long as they have a certain safe reserve of goods for themselves.

[Pupixario]

Yes Precious metals are worth more than fiat currencies , BUT not more than food water , tools medicine .

[Pupixario]

If there is no water in the taps no food at stores etc etc,money will be worthless got me thinking..what would make gold and silver precious in those kind of conditions?I mean can you make a pickaxe from gold?Can you eat it?Can you use it as food,make a knife of it or a spade?What is gold worth in a failed economic society?Precious metals a luxury.Only in a rich society you can offord them.Nothing makes me believe than If I don't have what to eat I will trade gold for food or water

[TonyBeanify]

Eric, you sold the silver before it crash. And now you ask ppl to buy silver after you already bought back. You cunning old fox.