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Stinky_pinky

07/22/12 10:59 AM

#3951 RE: True Blue #3950

I was just discussing this topic with L-back over on all things money board. Sprott can be counted on to do what is good for Sprott. This would include selling into a falling market (like last year). Occasionally, he'll highly publicize another public offering, to raise cash to buy more silver. He will definately be more vocal when he's raising funds than when he's selling. Just another talking head, IMO TB.
As far as Cramer, and his "junk silver" comment...Do you have a day/date when this took place? I'd like to watch and see if he had anything more substansitive to say. If not, I'd lump this in with Warren Buffett's "Gold lacks utility, and is barbaric medium of exchange" statement. Which I find humorous because figuratively speaking now "the barbarians are at the gate". Gold is money, and silver is money...period.
What I focus on, though I listen to all, are those that are consistantly negative on precious metals, and when they soften or change thier rhetoric, and begin to jump on the PM bandwagon. This, is beginning to happen again, and says to me that PM are ready to run. Though it's not at all to late by any means to take a position in PM. Here's a video interview for you to listen to:

Have a pleasant sunday and I hope you and yours are well. S~P