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Silver Prices to Soar in 2011 Says Investment Guru

23 Feb

Repost courtesy of Kitcosilver.com

Last year in January 2010 I wrote about the coming surge in the price of silver. People who bought in January 2010 have now doubled their money. The stunning news is that silver’s climb is not over. Buying at $33 per ounce may not be for the faint of heart, but with the outlook strong that silver will climb as high as $100 per ounce in the next 48 months, it’s an investment still worth serious consideration.

Chase Kyla Hunter 2.23.2011

Silver to Soar in 2011, Says Investment Guru
By Marc Davis     Printer Friendly Version Bookmark and Share
Feb 14 2011 8:57AM
www.bnwnews.ca

Silver promises to become the next big buzzword among investors in 2011 and beyond, according to one of the investment industry’s most prescient and successful experts on precious metals.

Eric Sprott is the founder of the Toronto-based investment firm, Sprott Asset Management LP. His renowned hedge fund, Sprott Hedge Fund LP, is heavily weighted in precious metals and has generated an estimated 23% annualized return over the past decade. Other similarly oriented funds under his stewardship have also been stellar performers in recent years.

He’s now so bullish on silver that he launched the $575 million Sprott Physical Silver Trust in November of last year as he believes that: “Silver will be the investment of the decade.”

“I think that silver could easily get to $50 this year,” he tells BNWnews.ca.

This all bodes especially well for publicly traded companies that are already mining silver, he says. Likewise for ones that are developing primary silver deposits or gold deposits with plenty of silver as a byproduct.

“If the price of silver continues to go up, silver stocks are going to perform even better,” Sprott adds.

Sprott says the big catalyst for surging silver prices in the coming years will be exponentially increasing investment demand, which is already beginning to overwhelm existing silver supplies. The mining industry only produces around 800 tonnes of silver per annum. This is a relatively inelastic supply, regardless of silver prices, he adds.

As household investors are becoming increasingly jittery about the debasement of the U.S. dollar and other major currencies, they are loading up in record numbers on silver bars, coins and silver-denominated exchange traded funds, Sprott says.

However, there’s also a quantum shift in investment demand taking place among big players in the precious metals market, including India (which is aiming to increase its imports by about 77 million ounces per annum), and of course China.

“China’s net imports of silver were 112 million ounces last year. In 2005, they were net exporters of 100 million ounces,” he says.

“That’s a 200 million ounce shift in an 800 million ounce annual market that seldom ever grows because production hardly ever goes up. So where’s it all going to come from? We don’t know.”

In fact, silver promises to outshine gold over the coming years, Sprott says. “Silver is the poor man’s gold. Gold has had a great run for the past 11 years. But I absolutely believe that silver will outperform gold this year. Currently, there’s more investment dollars going into silver than into gold.”

Such a game-changing scenario should recalibrate the gold to silver pricing ratio in silver’s favor, thereby eventually restoring it to its traditional level of about 16 to 1, he says. “It’s the easiest call of all time.”

“Silver as a currency always traded in a ratio of around 16 to 1 compared to gold, when it was a currency in the U.S. and the U.K. The current ratio is 48 to 1. If we go back to a 16 to 1 ratio, the implied price for silver would be $85.62 (per ounce).” he adds.

“On that basis, if gold goes to $1,600, then that would value silver at $100. And we certainly think that gold is going to $1,600. In fact, I’m willing to bet that this ratio will overshoot on the downside. It might even get to 10 to one.”

The only reason why silver is still trading at a 48 to 1 ratio to bullion’s spot price is that its price is being “manipulated” by big banks, Sprott says. That’s because they don’t want precious metals to become a popular alternative currency to Fiat money (currencies that are not backed by hard assets).

“Then there’s also a huge short position out there on silver,” he adds.

But time is on silver’s side, he says, as the sovereignty debt crisis deepens in Europe and a continued policy of quantitative easing in the U.S. continues to undermine the value of the greenback.

Courtesy of www.Top40GoldStocks.com

Marc Davis,
BNW Business News Wire

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Sudden Merger Mania in Global Stock Exchanges Watched By Truth Researchers

14 Feb
New York Stock Exchange on Wall Street in New ...

Image via Wikipedia

Copyright 2011-3011 By Chase Kyla Hunter, All Rights Reserved.

Tags: New York Stock Exchange, merger mania stock exchanges germany canada usa, Euronext

Rothschild Family Fortune Estimated at 500 Trillion Dollars [ 2008 Video Archive ]

1 Dec

11.29.2010 Youtube.com video re-post by CK Hunter

When you watch the first video, listen carefully to the list and chain of command of media organizations which are owned by the Rothschild family. It’s staggering.

Tags: Rothschild fortune 500 trillion, the Rothschilds, richest family in the world, Illuminati families, controlling gold markets, who controls the gold markets

Ron Paul: US Will Return to Gold Standard [ Ridley Report ]

28 Nov

11.28.2010 Youtube Re-post by CK Hunter

Tags: ron paul, us economy, metals, gold, price of gold, federal reserve, federal deficit, gold standard, buying gold, buying silver, dollar value, protecting the dollar

Fictional Hyper-inflation Scenario for December 2012: “The Day the Dollar Died”

27 Nov

11.27.2010 Youtube repost by CK Hunter

Tags: hyper-inflation, fictional warning video hyper-inflation, dollar, currency, dollar collapse 2012, value of the dollar, deficit spending federal reserve

21st Century Power Shuffle: China, Russia, Iran All Dropping US Dollar?

27 Nov

Posted to Youtube on 11.25.2010 – I cannot verify all of this information therefore I am posted it under the general header of ” youtube rumor mill”. Have a listen then watch world markets next week. The report about Putin is credible. He did make those comments on his trip to Germany.

CK Hunter

Tags: value of the dollar, dollar in crisis, inflation, hyper-inflation, international currency markets, global economy, eu, euro, european union

BOMBSHELL Video Evidence of Secret Illuminati Corporation More Wealthy Than the Combined Wealth of All Nations on Earth

21 Nov
Gold bullion 2

Image via Wikipedia

Copyright 2010-3010 CK Hunter All Rights Reserved. Re-posts permitted leaving post and links intact.

Each day I examine dozens of articles, posts, essays, videos and the like doing what I do. Once or twice a year something, by the sheer grace of God, manages to squeak through and ends up on the internet where John and Jane Doe can see for themselves that things are not at all as they seem, either here in the USA, or overseas in Great Britain.

The extraordinary video you are about to see really needs little explanation if you have eyes to see and ears to actually hear what is being said. The first gentleman giving his report to Parliament is Lord James of Blackheath. This video was recorded on November 1st. [Here’s a link to his voting record.]

The second gentleman, during the course of making an effort to try to present what he knew to Parliament, without divulging who and what “foundation X” was, or is, practically choked on his words in anxiety and fear.

You can’t make this stuff up folks. And grown men cannot “fake” being this afraid and gravely concerned for the future of both the UK and for the United States. We are apparently literally months away from some sort of global financial chain reaction collapse, a worldwide “domino effect” that may make September 2008 look like a dismal dress rehearsal.

The Vatican is mentioned at one point, and it is revealed that their gold bullion holdings exceed all the gold bullion holdings of all the governments of the world. Did you know this? I certainly did not.

For those who insist that the “Illuminati” is a myth, an internet urban legend, or just a whacked out conspiracy theory, I present this video. Only someone who has a pathological need to avoid the truth at all costs would refute the eye witness accounts of these two British Parliamentarians, who obviously knew much more than they felt comfortable in disclosing.

CK Hunter

Another BOMBSHELL video that I located in 2009 provides hard evidence that new world order elites have been building sophisticated underground tunnels for their own survival should a manmade or natural disaster, such as a pole shift, make life on the surface of the earth unbearable:

http://alligatorfarm.wordpress.com/2010/01/28/secret-construction-of-underground-tunnels-cities-by-world-elites-video-proof/

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