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Eric Sprott's Bold Predictions On Gold And Silver

|Includes: SPDR Gold Trust ETF (GLD), SLV

According to Eric Sprott, gold will be over $US 2000/ounce and silver will be above $US 50/ounce by the end of the year 2012.

I'm curious if this will hold..., I highly doubt it will go up that fast.

To See Eric Sprott's interview with CNBC, go to:

http://katchum.blogspot.com/2012/05/eric-sprott-on-cnbc.html

For gold it should do something like this:

Chart 1: Gold Price Prediction (Eric Sprott)

For silver it should do something like this:

Chart 2: Silver Price Prediction (Eric Sprott)

Disclosure: I am long AGQ, PSLV, PHYS.