Here is a video from “Mad” Max Keiser about China using silver a a reserve asset in people’s bank accounts. This follows Eric Sprott’s plan to create a bank that allows individuals to save in silver and gold and not make loans against it. That follows the Ultimate Exit Strategy that put forth the idea . . . → Read More: China, Sprott and The Ultimate Exit Strategy
Eric Sprott’s PSLV filed a prospectus, as he is required to do, with the intent of purchasing $1,500,000,000 of physical silver for the PSLV. (Click to download the propectus.)
“Though there are a lot of factors at play, such as a volatile silver price, the recent movement could have something to do with Sprott’s recently . . . → Read More: Sprott Goes For The Silver Fences
On August 19th, I wrote an article called The Only Thing You Need To Know About GoldMoney vs. BullionVault that praised the visionary owners of Eric Sprott and James Turk. I went on to describe that Eric’s GoldMoney is in direct competition with the Rothschild involved BullionVault. The crux of the article revolved mostly around . . . → Read More: Great Minds Think Alike?
(Editor’s note: I have since at the request of BullionVault changed the line about the Rothschild’s “owning” BullionVault to “have an interest in” BullionVault. I also have changed a part about BullionVault not making taking delivery of your metal as policy. You can take delivery, but they even admit that, “BullionVault is not designed primarily . . . → Read More: The Only Thing You Need To Know About GoldMoney vs. BullionVault
GoldMoney has about a billion $ in Gold and Silver each.
James Turk and Eric Sprott run some of the largest physical silver funds in the world. Eric Sprott runs Sprott Asset management’s PSLV and James Turk is the founder of GoldMoney. The most amazing thing that comes out of this short interview is . . . → Read More: Turk, Sprott and Silver.
The Man, The Myth, The Legend Eric Sprott
Eric Sprott has put together a terrific forensic analysis of the the Silver Drive By Shooting on May 1st. I knew there was something rotten going on in the silver market (Here and here), but Eric nails it today. In his PDF article, Caveat Venditor!, . . . → Read More: Silver Short Sellers Beware!
Here is a great conference call with David Morgan, SGTBull07, James Anderson of GoldSilver.com, Bill Murphy of GATA, Robert Quartermain, Ron Kirby, and Eric Sprott.