RE: Sprott Asset Management CEO:BNNIt took them from Nov until now to get the physical silver and it came from all over the world so what does that tell you about how much silver is on paper and how much is really held. Appears that some companies are selling paper for silver and I hope that their customers do not demand to hold the physical silver. I am sure that they have it in their vaults but silver is required for a lot of other purposes and where is that coming from? Just a question, as to the value of silver I think it is going to be rocky and we could see a bottom price of 24 - 25 dollars an ounce before the big rebound to 35 - 40 an ounce, and I believe it will all happen this year. People will sell on sell offs and lower prices but the rebound could be very quick. There is also the chance that we have seen bottom now and if that is true I will go with the analysts at
----------Original Message Posted 1/18/2011 4:07:18 PM----------
Business Day : January 18, 2011 : Tight Metal Markets [01-18-11 2:45 PM]
BNN speaks to David Franklin, Market Strategist at Sprott Asset Management CEO of Sprott Private Wealth.
https://watch.bnn.ca/#clip403553