$100 SILVER in 6 Months, says Sprott Asset Management!

Sprott Asset Management’s John Embry told King World News he believes that when the investing public comes into the precious metals market, in earnest, the price of silver could go hyperbolic.

“We haven’t even really seen money start to significantly flow into hard assets, when that occurs and it will occur, it’s going to have an outsized impact on the price of these things,” explained Embry. “The gold price should be $2,000 within the next six months and I believe the gold/silver ratio will decline tremendously in that environment. I have no problem with $100 silver, none, and that might just be jacks for openers.”

[link to www.beaconequity.com]

Last Edited by Kimchi on 07/14/2011 03:38 PM