Bail-ins-The Ultimate Win for Precious Metals-Eric Sprott
By
Greg Hunter’s USAWatchdog.com
Money
manager Eric Sprott isn’t worried about the heat he’s taken in the past few
years over the declining price of precious metals. Sprott contends, “You
get a lot of criticism because people think you’ve lost your marbles . . . our
views will be proven to be correct. We intensely analyze the gold and silver
market, and we think both will hit new highs at the end of the year or early
next year.” Bank depositors are at extreme risk. Sprott says, “The
shocking thing to me is, obviously, most governments now have put into place
legislation or rules in their banking systems for bail-ins . . . . And the fact
that all these countries are doing this means . . . this is what’s going to
happen.” Sprott goes on to say, “That is the ultimate win for precious
metals, and God knows what the price would be if it turns some of those
depositors into people who need to own gold and silver.”
Sprott
says extreme physical demand for gold and silver is draining supplies. Sprott
predicts, “Somebody
is 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 Eric Sprott, President and CEO of Sprott Asset Management.
See
the entire article and watch the interview here: http://usawatchdog.com/bail-ins-the-ultimate-win-for-precious-metals-eric-sprott/
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Lately we have been selling a lot of silver at very
low prices from $24 to $ 26.50 per ounce. Those prices are like several years
ago when we got in this game, and none of my customers who bought silver even
much higher are willing to sell any because they understand what Mr. Sprott is
saying. The whole banking industry world wide is in big trouble and every day I
get new articles by many different people confirming that, and the orders just
keep coming in. We did one at 7 AM this morning for almost
$5000.
We have brought millions of dollars
of silver into Montana and other states and made it
disappear into the hands of patriots and concerned people nation
wide.
To get an up to the minute quote just call me
between 8 AM and 3 PM Mountain time on weekdays and we can lock your price on
the phone.
800 889
2839 www.teapartysilver.com
Paul Stramer KC7MEZ
SLC Distributing
PO Box 116
Eureka MT 59917
800 889 2839
pstramer@eurekadsl.net
SLC Distributing
PO Box 116
Eureka MT 59917
800 889 2839
pstramer@eurekadsl.net
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