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Resource guru Sprott: Don't get scared out of gold and silver now

Resource guru Sprott: Don't get scared out of gold and silver now

2012-03-28
Source: Zero Hedge


All of this nonsense brings us to the crux of our point. If we are right about gold and silver as currencies, and if we are right about the continuation of central bank printing, both gold and silver will continue to appreciate in various fiat currencies over time.

If there is indeed some sort of manipulation in the futures market that is designed to suppress the prices for both metals so as to detract from the mainstream investor's interest in them as alternative currencies, then both metals are likely trading at suppressed prices today.

This means that there is an opportunity for investors to continue accumulating both metals at much cheaper nominal prices than they would...





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