Eric Sprott: Copper/Base Metals Bust Will Exacerbate Silver Supply Problems

Jason Burack of Wall St for Main St interviewed returning guest, Chairman of the Board of Directors of the Sprott group of companies http://sprottinc.com/, Eric Sprott. Eric is a successful investor and has over 40 years of experience in the investment industry and has managed client funds for 37 years. During this 25+ minute interview, Jason asks Eric why does Wall St still give the Federal Reserve any credibility? Eric says no central bank should have any credibility left after all the artificial booms and busts the last few decades all over the globe. Eric blames the Keynesian mindset of many market participants for letting the status quo continue. Next, Jason asks Eric about the recent elections in Canada and if the results of those elections means higher taxes on Canadian oil companies and Canadian mining companies? Eric says it would be crazy for Canadian politicians to raise taxes on their resource companies during a long, painful bear market. Jason then asks Eric about weaker commodity currencies and the currencies of developing countries and how they affect mining companies that owe debt in US Dollars? Eric thinks miners are working hard to cut costs and the ones without too much debt or without any debt should survive as the cycle turns. Jason asks Eric if he and Sprott are putting $$$ to work in private placements now of mining companies? Jason asks Eric what evidence do we need to see before there's proof of a physical silver shortage? Eric says silver mines are starting to close or close to closing. Jason also asks Eric how the recent collapse/bust in copper and base metals prices will affect silver supply problems? Jason and Eric discuss the base metal miners who produce massive amounts of physical silver as a by-product. Finally, to wrap up the interview, Jason asks Eric why China, Russia, BRICs and the other G20 developing countries haven't pulled the plug yet on the US as sole WRC in the global financial system? Eric says Russia and China want to keep accumulating more cheap physical gold and now China is working with Sprott Inc on investing more heavily into gold companies and other resource companies.





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

Eric Sprott: "The Powers That Be Don't Want To Admit There's A Problem"

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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

Eric Sprott - Physical Gold & Silver on Verge of Breaking Paper Markets…"I will be Right!"

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

Eric Sprott, Gold & Silver Update

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

Eric Sprott - There's No Silver Left -- The Government Lied

The point is that the amounts are over accounted for as opposed to the amounts themselves. If multiple people are claiming the same ounce of silver and gold, there will be a large re-balancing in price when the market discovers it.





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

Eric Sprott -- We Have a Shortage of Gold

 
Eric Sprott's analysis shows a "flat supply" and at least a "2,500 ton net increase in gold demand" since 2000. He manages nearly $10 billion at Sprott Asset Management. "Where's all the gold coming from?" asks Sprott. He says Western central banks ". . . keep supplying this market with product in order to keep the price down so nobody knows how vulnerable the situation is." Sprott boldly proclaims, "We have a shortage of gold." Join Greg Hunter as he goes One-on-One with Eric Sprott.






 Eric Sprott's analysis shows a "flat supply" and at least a "2,500 ton net increase in gold demand" since 2000. He manages nearly $10 billion at Sprott Asset Management. "Where's all the gold coming from?" asks Sprott. He says Western central banks ". . . keep supplying this market with product in order to keep the price down so nobody knows how vulnerable the situation is." Sprott boldly proclaims, "We have a shortage of gold." Join Greg Hunter as he goes One-on-One with Eric Sprott.


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

Eric Sprott: We Are In For A Shortage Of Physical Gold

 Eric Sprott: I Think We Are In For A Shortage Of Physical Gold videolarını ve yenilerini beni takip ederek izleyebilirsiniz. Eric Sprott's analysis shows a flat supply and at least a 2500 ton net increase in gol.

An explosive interview with Patrick MontesDeOca and Billionaire Eric Sprott from Sprott Asset Management. Follow us on Skype, Facebook, Twitter, and Google+:.

This is a response to: Which was an analysis of: I don't necessarily be.



FULL INTERVIEW HERE: Topics discussed include Bail-.

In this tremendous interview, Patrick MontesDeOca chats with Eric Sprott, CEO of Sprott Asset management with $10 billion under management. Follow us on Skyp.

Eric Sprott - Paper Markets Are A Joke: Prepa.

FREE 3-part plan to play $60 Silver! Speaking at the Casey Research Gold and Resource Summit, Eric Sprott told investors that there is no.

Patrick MontesDeOca chats with Eric Sprott in this exclusive interview that took place at the Silver Summit in Spokane, Washington the week of October 17, 20.

- Eric Sprott has $10 billion under management, and it's no secret Mr. Sprott is a long term bull on phys.

In this tremendous interview, Patrick MontesDeOca chats with Eric Sprott, CEO of Sprott Asset management with $10 billion under management. Follow us on Skyp.

Eric Sprott : 2014 Sends Silver Over $50 and Gold North of $2000 videos.. Please click here to subscribe to my channel.. Economic collapse and financial cri.

SUBSCRIBE - Win a Free Silver Coin Every Day More info about Wealth creation with Gold and Silver .

Eris Sprott explains the physical gold shortage that is happening and how gold leasing has kept things together up until now. A prominent PBOC Advisor has st.

Gold was always considered as solid and save instrument. Many Countries currency was based on Gold reserves. People loved to make investment in Gold. But now.

Business & Financial News,Analysis & Insight, Politics, Geopolitical Analysis. New Videos Every Week, Day.. Bullish price predictions for 2014 by Eric Sprott.

Max Keisers guest Eric Sprott talks about the commodities prices, and how the sudden downturn in prices is a temporary blip from profit takers. The underlyin.

Charles Oliver of Sprott Asset Management shaves head and claims Eric Sprott will shave head if Gold hits $2000.

Silver News for Sunday, December 2nd. Visit: for all the latest. Stories such as: Sprott - We Will Go Public If They Don't Send Us .

Why are (Smart) Investors Buying 50 Times More Ph.

Well respected Silver Investor. Eric Sprott Asset Management, OWN PSLV and its Gold Counterpart PHYS. The Trusts are backed by Physical Gold and SIlver Not T.

Eric Sprott: On CNBC Funny How All The Media Pundits Ask This Question..

Eric Sprott has more than 40 years of experience in the investment industry. After earning his designation as a chartered accountant, Eric entered the invest.




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

Billionaire Eric Sprott: “[When] The Data Says Hold Your Ground—You Hold Your Ground. Normally There’s A Big Payday At The End.

 By Tekoa Da Silva

Tekoa Da Silva: Eric, you comment often on the Western Central Banks, in terms of their disregard for gold as an asset class of importance, so I’d like to ask—do their actions speak otherwise or have they been letting out all their gold to Asian hands during this East/West physical transfer that we’ve seen over the last year?

Eric Sprott: Well, Tekoa I’ve written a number of articles where basically I ask the question, “Do the Western Central Banks have any gold left?” and I suspect that it is very, very limited these days and when I looked at what happened in the last decade, I can see that there was substantial net new demand for physical gold, over 2000 tons a year. You take it over a decade, and you’ve got 20,000 tons.

My understanding was they might have started the decade with 18,000 tons, but I was really debating whether they would have any left. As we’ve gotten into (particularly) this year and even last year with the Chinese coming into the market buying huge quantities of gold, it has become more and more apparent to me that the annual shortfall is probably even well beyond 2000 tons.

I speculated at the end of 2012 that the central banks probably had no gold left, and I’m not changing that speculation by the way. I think the raid on gold was orchestrated so that perhaps they could drain the ETFs, out of which they did get about 1000 tons, which helped them meet some of the demand exploding in China and many other places by the way.

So I think the central banks have been very active in the gold market. I believe in the GATA viewpoint, that the central banks have always wanted to orchestrate the price of gold. Particularly recently as the printing presses have gone crazy here and I know every one of your  readers would know that zero interest rates and printing money are irresponsible and because every one of your readers knows that, I know the guys doing it know that too.

Bernanke knows it, Abe knows it, and Draghi—they all know it. But they don’t want it to manifest itself, and where would it manifest itself? It would manifest itself in the price of gold going up.

Well, we can’t have that happen because we know our policy is ridiculous and of course it got to even higher levels this year with Japan coming in to buy an extra $65 billion a month. It’s almost surreal the amount of gold they’re buying and what’s even more surreal is to see the price of gold go down at the same time that you see these demand factors exploding. I’m more referring to the Chinese than any other side. One could almost postulate that the Chinese could buy all the gold produced (ex-China and ex-Russia who don’t sell any gold).

So that leaves the other 178 countries to buy none. Well, we know they’re buying. We know central banks are buying. We know mints are buying. So there’s no doubt that there is a serious disconnect between the physical market and the paper market, unless the central banks have somehow been able to still supply that extra gold. I suggest that they’re going to run out and that ultimately these precious metals prices will break loose.

I think most of us will be stunned to see how high they would go, and imagine how high they would go if we all found that the banks had no gold and there are clues to this. I mean the Germans asked for 300 tons back which is no big deal and they’re told it’s going to take seven years. Well, theoretically it was 4% of the US supply in gold. Why can’t you deliver 4%? Why does it take seven years to deliver 4% of the gold? I mean it just begs the question and that’s one of the reasons I think they don’t have the gold. So that’s why they orchestrated the raid.

TD: One thing I always thought was interesting Eric and I’d like to ask your thoughts on it, is that period where Gordon Brown sold Britain’s gold.

ES: Right, Brown’s bottom.

Why I Disagree With Eric Sprott's Latest Move

What may be very good for Eric, may not be the best move for you. The Louisanna purchase one ounce of silver bought 45 acres of land. There are about 8 billion acres of arable land and only 1 billion ounces of silver. With no access to credit or capital there will be massive revaluation of debt based assets. The point of this video is that what is good for Eric is not necessarily good for you.
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

Eric Sprott at Mines and Money Hong Kong 2013

 Mania. Manipulation. MELTDOWN
Eric Sprott provides his analysis on the current macro-economic situation



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

Eric Sprott and Rick Rule on Markets with James West

Rick and Sprott are a rare breed indeed.


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

Eric Sprott: Gold is going to $2400 by next summer

Billionaire Eric Sprott backs up his prediction that gold will hit $2400 by next summer. Taped at Cambridge House's Toronto Resource Investment Conference 2013. A must-see interview!

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

Eric Sprott: Physical Demand for Gold and Silver is Draining Supplies, New Highs and More

 Eric Sprott: Physical Demand for Gold and Silver is Draining Supplies, New Highs and More


Eric Sprott, President and CEO of Sprott Asset Management, says extreme physical demand for gold and silver is draining supplies. Sprott predicts, "Somebody's going to fail here. All the data I look at says the Western central banks . . . that have been selling gold are running on fumes now . . . so, it's very close at hand." Join Greg Hunter as he goes One-on-One with money manager Eric Sprott.




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

Eric Sprott : Do Not sell Your Silver and Your Gold

Eric Sprott at Mines and Money Hong Kong 2013 .
Mania. Manipulation. MELTDOWN Eric Sprott provides his analysis on the current macro-economic situation



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

Eric Sprott : unusual things are happening in the Gold & Silver Markets

Eric Sprott : This will sound like a conspiracy theory, but unusual things are happening in the gold and silver markets. For example, on Feb. 19, nearly an entire year's supply of gold traded on the Comex in a single day. The same volume of silver trading happened on the commodities exchange. You and I both know that the people selling that much metal cannot deliver it because it is just not available. Yet somehow they are out there, pounding down these contracts and keeping the price suppressed. I would hypothesize that the central bankers know their policy of printing money is the most irresponsible thing imaginable, and they are suppressing gold and silver prices to hide their irresponsibility. When one is printing that much money, gold and silver prices are the first things you would expect to rise. If we saw gold going to $2,000/oz, the price of oil would probably go to a new high and the price of agricultural commodities would go up. Then you would have a huge inflation problem on your hands. Based on my research, I believe the Western central banks have been surreptitiously supplying gold to the market. I say this because the demands I see for physical gold are way beyond the supply of gold. The annual gold supply has not changed in 12 years, and demand just keeps increasing from China, India, the U.S. Mint and silver and gold coin sales; even the non-Western central banks are buying gold. Where is this gold coming from? I think the Western central banks are selling gold to keep the lid on the price so everyone thinks their monetary policies are benign. Nothing could be farther from the truth. - in a recent interview with mineweb


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

Eric Sprott likes Silver more than Gold - CNBC

the markets are IMO, being propped up to entice popular investment, like in the first crash in 31. Got the whole population pretty much investing, borrowing etc then pulled the rug out from under everyone. I wouldn't buy any stock w/real money at all...hate that feeling you get when you get ripped off, conned. so why do it, when I know that is the point of the DOW etc going up? any second now, rug...GONE. IMHO

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

Eric Sprott: Silver to Outshine Gold as the Investment of this Decade! .

The Government and Federal Reserve are running the biggest ponzi scheme in the entire world with the US dollar, especially since 1971. And they can keep the game going for a long time due to the sheer size and the importance of the dollar, but it's been going on for 41 years now and ALL ponzi schemes and FIAT currencies eventually come to an end!

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

2012 SILVER MARKET OUTLOOK with ERIC SPROTT

Eric Sprott is interviewed by Patrick MontesDeOca from Capital Metals Trading Group in this exclusive video as he forecasts the Silver Market for 2012..... Its September 2012, QE3 has been announced, all the stars are lining up in Silvers favour, i never make predictions but given what i'm seeing i cant see how Silver wont be in the $50-$90 range by Dec 2012.

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

Eric Sprott : China big Buyer of Gold and Silver

GoldSeek Radio's Chris Waltzek talks to ERIC SPROTT - April 17, 2012 . Eric Sprott, Chairman of Sprott Asset Management, and Chris Waltzek of GoldSeek Radio, talk about the outlook for Precious metals . They comment on how increasing interventions by central banks, from zero interest rates to money printing and bond buying have completely distorted the financial markets.

Paper money has NOT been around for 'hundreds of years'. Paper money after the American Civil War could be traded in for gold or silver. That ended for gold in the 1930's and for silver in the early 1960's. Paper currency that has an intrinsic value, 1 dollar silver certificate meant you could exchange it for silver coins. Holding the paper money was like holding the physical metal. Fiat money has no intrinsic value. It is paper!

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

Eric Sprott The Silver Shortage is Screaming

Eric Sprott, Chairman of Sprott Asset Management interviewed by Christ Martenson . Eric Sprott talks about the disparities between the physical gold and silver markets and the paper gold and 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