Sprott's John Embry: 'The Future For Retirees In America Is Grim' [View article]
DF,
It's amazing how you measure your numbers to suit your argument...great job with the comparison but my numbers are different. I guess that's what makes the market (buyers/sellers) is how you see the math?
Sprott's John Embry: 'The Future For Retirees In America Is Grim' [View article]
Dominic,
I am a fan of anybody that produces 11% annually for the past ten years in metals or 13% in equities during same time. What results can you boast about?
Yeah...I guess we have two different views but I would like to go with the track record if you don't mind.
Sprott Asset's John Embry: Has The Gold And Silver Bull Market Ended? [View article]
To Whom it may concern,
Sprott Asset Management in my opinion is one of the very few money managers out there that sticks his neck out daily for his clients and is trying to do the right thing for his investors by backing his investments with the actual REAL METAL (Money) than most that I am aware of.
It's very easy to kick somebody when they're down. His track record speaks for itself. And I recommend anybody, that if they're going to listen to someone to listen to the Best of the Best. Not, those that claim fame on their own with no track record and nothing to back them up.
We have been in a two year correction in a 10 year bull market!...RELAX we have a long way to go yet!
"All intelligence intelligently applied is relative to your individualistic goals and objectives when trading."
DISCLOSURE
I do not receive any compensation directly or indirectly from Sprott Asset Management or any of its affiliated companies for any subject matter whatsoever.
Sprott Asset's John Embry: Don't Sell Your Metals [View article]
Deliberate Trader,
There are lots of questions about Eric Sprott selling shares of his PSLV Trust. This is his response when I presented this question to him today.
Dear Patrick,
Thank you for your question. My charitable trust has been selling PSLV in order to meet some financial commitments. That being said, I am more bullish on the price of silver than ever and am also putting capital to work into investments which have more leverage to the silver price.
New regulations here and across the pond will eliminate $17B of trading revenue from the global banks, says Deutsche Bank - about 9% of total sales last year. The costs will be onerous enough, says Deutsche, as to maybe force the departure from FICC (bonds, commodities, currencies) trading of any firm with less than 6% market share. At risk: HBC, RBS, CS, MS, SCGLY.PK. UBS has already exited. [View news story]
There are lots of questions about Eric Sprott selling shares of his PSLV Trust. This is his response when I presented this question to him today.
Dear Patrick,
Thank you for your question. My charitable trust has been selling PSLV in order to meet some financial commitments. That being said, I am more bullish on the price of silver than ever and am also putting capital to work into investments which have more leverage to the silver price.
One dime with 90% silver content (1964) can buy almost a gallon of gas...How many paper fiat currency we need?
That's Wealth Preservation not speculation.
This short term speculation in the paper markets are creating major bottom in the physical market where it is showing wide premiums already.
If you're looking to protect your intrinsic purchasing power buying down here is a gift...and that goes for lower prices from here which WILL NOT BE HERE FOR A LONG TIME. Just my opinion!
Sprott Asset's John Embry: Don't Sell Your Metals [View article]
ndras,
Thanks for your positive comments. But subscribers want to hear what other proven professionals with a long history and track records think in this economic environment fundamentally.
If you would like to see real trading joins us daily in our live trading room.
Sprott's John Embry: 'The Future For Retirees In America Is Grim' [View article]
Check out PSLV and PHYS Trust Funds...
PM
Sprott's John Embry: 'The Future For Retirees In America Is Grim' [View article]
It's amazing how you measure your numbers to suit your argument...great job with the comparison but my numbers are different. I guess that's what makes the market (buyers/sellers) is how you see the math?
Good luck!;)-$
PM
Sprott's John Embry: 'The Future For Retirees In America Is Grim' [View article]
PM
Sprott's John Embry: 'The Future For Retirees In America Is Grim' [View article]
I am a fan of anybody that produces 11% annually for the past ten years in metals or 13% in equities during same time. What results can you boast about?
Yeah...I guess we have two different views but I would like to go with the track record if you don't mind.
PM
Sprott's John Embry: 'The Future For Retirees In America Is Grim' [View article]
Maybe you should read this article I wrote on the purchasing power and the value of the dollar ...http://seekingalpha.co...
Good Luck!
PM
Sprott's John Embry: 'The Future For Retirees In America Is Grim' [View article]
The US Dollar has dropped 98% since 1971 when Nixon ruined the currency by coming off the gold standard.
How long is inflation going to be exported to the world by using the US dollar as the reserve currency before the other side WAKES UP!
The sad part is that this is happening in front of your eyes and you don't see it!
Good Luck!
PM
Sprott's John Embry: 'The Future For Retirees In America Is Grim' [View article]
Is that what experts call a correction in the long term secular bull market that is intact in precious metals?
PM
Sprott's John Embry: 'The Future For Retirees In America Is Grim' [View article]
I see you do believe in Santa Claus!
PM
Sprott's Rick Rule On Bullion... 'There Is A Global Shortage' [View article]
Come on guy's!... You are not looking at the whole picture to be fair about it.
PM
Sprott Asset's John Embry: Has The Gold And Silver Bull Market Ended? [View article]
April 17, 2013 was the interview
PM
Sprott Asset's John Embry: Has The Gold And Silver Bull Market Ended? [View article]
Sprott Asset Management in my opinion is one of the very few money managers out there that sticks his neck out daily for his clients and is trying to do the right thing for his investors by backing his investments with the actual REAL METAL (Money) than most that I am aware of.
It's very easy to kick somebody when they're down. His track record speaks for itself. And I recommend anybody, that if they're going to listen to someone to listen to the Best of the Best. Not, those that claim fame on their own with no track record and nothing to back them up.
We have been in a two year correction in a 10 year bull market!...RELAX we have a long way to go yet!
"All intelligence intelligently applied is relative to your individualistic goals and objectives when trading."
DISCLOSURE
I do not receive any compensation directly or indirectly from Sprott Asset Management or any of its affiliated companies for any subject matter whatsoever.
PM
Sprott Asset's John Embry: Don't Sell Your Metals [View article]
There are lots of questions about Eric Sprott selling shares of his PSLV Trust. This is his response when I presented this question to him today.
Dear Patrick,
Thank you for your question. My charitable trust has been selling PSLV in order to meet some financial commitments. That being said, I am more bullish on the price of silver than ever and am also putting capital to work into investments which have more leverage to the silver price.
Best regards,
Eric
New regulations here and across the pond will eliminate $17B of trading revenue from the global banks, says Deutsche Bank - about 9% of total sales last year. The costs will be onerous enough, says Deutsche, as to maybe force the departure from FICC (bonds, commodities, currencies) trading of any firm with less than 6% market share. At risk: HBC, RBS, CS, MS, SCGLY.PK. UBS has already exited. [View news story]
Dear Patrick,
Thank you for your question. My charitable trust has been selling PSLV in order to meet some financial commitments. That being said, I am more bullish on the price of silver than ever and am also putting capital to work into investments which have more leverage to the silver price.
Best regards,
Eric
Sprott Asset's John Embry: Don't Sell Your Metals [View article]
The losing investment is fiat currency, If you look at silver as REAL MONEY, you can value more its intrinsic aspect of maintaining purchasing power.
I wrote an article to talk about this here
http://bit.ly/11fDIJo
One dime with 90% silver content (1964) can buy almost a gallon of gas...How many paper fiat currency we need?
That's Wealth Preservation not speculation.
This short term speculation in the paper markets are creating major bottom in the physical market where it is showing wide premiums already.
If you're looking to protect your intrinsic purchasing power buying down here is a gift...and that goes for lower prices from here which WILL NOT BE HERE FOR A LONG TIME. Just my opinion!
"The best cure for low prices is lower prices"
SILVER IS REAL MONEY, AND ALWAYS IT WILL BE!
PM
Sprott Asset's John Embry: Don't Sell Your Metals [View article]
Thanks for your positive comments. But subscribers want to hear what other proven professionals with a long history and track records think in this economic environment fundamentally.
If you would like to see real trading joins us daily in our live trading room.
http://bit.ly/Xdmldl
PM