RE:RE:Sprott
no, they made a call and they were wrong then. Ego, predicting the future...etc. these are just empty words and had nothing to do with anything. Silver production and reserves have more or less stayed the same; meanwhile world debt has skyrocketed yields plummeted and risk of all sorts to fiat currencies increased significantly. We also have an eventful year with lots of possible catalysts for these risks to materialize.
The reasons for the 2011 call would be stronger in 2020. If you constraint yourself always by the past you will not be able to see what may happen - just like the turkey that gets fed everyday for 5 months will never comprehend that tomorrow he will get slaughtered. There is just no reason gold and silver prices should not run back to all time highs and beyond based on the current situations. IMO there is no better strategy than to buy and hold (and prosper). Ignore the daily and weekly noise that tend to shake you out of your shares. Silver is going to $25 this year, question is will it go parabolic from there.