TSXV:SLX.P - Post by User
Comment by
fabdaqon Jan 18, 2011 5:37pm
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Post# 17992425
RE: RE: Sprott Asset Management CEO of Sprott Priv
RE: RE: Sprott Asset Management CEO of Sprott PrivSadly you are correct Bruchaw. You heard right, turned around Franklin's thinking alluding to what he was saying could mean there was a surplus (but Franklin agreed as well - odd). And he did dispute the hedge against inflation. Martin Baccardax is a buffoon and so is the other Martin (Cey I believe). I was stunned over the holidays to learn Cey was there boss. Scary indeed. What about those accounts in China and expanding to India buying a gram a day - that would be a great idea here too - I would love it (u know me always ranting about the physical metal). Thats going to be a huge plus. Also I think what Martin may have been suggesting is that its all a paper game (surprise, surprise) and that the paper players may move on to a new commodity to play with (call it xyz or whatever u like) and thus silver would be over supplied worldwide. Far as I go I am sick of paper everywhere and say they can all leave and if the natural course of supply/demand was to take over in the silver market it would shoot through the roof. The paper games are holding it in check somewhat as the paper allows you to trade at 300 times (or whatever the exhoborant number is) over the real amount of silver. And what a joke of a market. Two and a half months for delivery without penalization? Sprott needs to go out and buy another 15million.