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A place to bounce around ideas and information... in general just chit chat... Because we're all different, and yet, we are all the same, just like zebras.

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Friday, September 9, 2011

Eric Sprott - From Here Silver is a 30 Bagger to $1,200

That is x30 from where we are now. That means 10k worth of silver today could be worth 300k in a few years.

Keep stacking.

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Eric Sprott - From Here Silver is a 30 Bagger to $1,200

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/9/9_Eric_Sprott_-_From_Here_Silver_is_a_30_Bagger_to_$1,200.html

When asked where he sees the price of silver headed Sprott responded, “I think silver will outperform gold in the next decade. If silver should trade at a 16 to 1 ratio (to gold), it will probably trade at 10 to 1 because things tend to overshoot. Let’s use Jim Sinclair’s $12,000 target, that would suggest $1,200 silver, which is a thirty bagger from here...The biggest reason it (silver) should go there is people should fear bank deposits, that’s what I think they should fear.”

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