Searchlight Innovations Inc T.SLX

Holding Silver Instead of Money in Bank

[Laci333]

Eric Sprott is writing a letter to silver producers suggesting that they would be better holding their physical silver instead of keeping money in banks that pay zero percent interest.

This is the kind of initiative that is required by silver and gold producers to counter the abuse they have suffered from JP Morgan and other banks with their years of paper shorting and manipulation of silver market.

Maybe we should call the new movement "Occupy Savings Accounts with Physical Silver" .


It will be interesting to see if this helps tighten the supply of physical silver and improves prices. Every little bit helps. I imagine Sprott will be contacting Silvermex as they are producing thousands of ounces of silver each year and he owns part of SLX.

Following is the link:

https://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/11/25_Billionaire_Eric_Sprott_Asking_Silver_Producers_to_Save_in_Silver.html

Interesting. Maybe Individuals should start holding their savings in physical silver also like Eric Sprott does in his businesses..

GLTA