Sunday, 24 April 2011

Eric Sprott - Follow the Money - Gold and Silver

"Like gold, silver also has a long monetary history, and, as such, investors are now also buying silver as protection from the ravages of fiat currency debasement. Yet when compared to gold, it is silver that offers the most attractive value proposition by virtue of the gross mispricing of its scarcity, which, we might add, has existed for many years.

Thus, in our opinion, as this new bimetallic standard takes root, silver investors will continue to be justly rewarded with marked outperformance. We truly believe that this is the investment opportunity of a lifetime, and, increasingly so, others are taking heed. What is clear to us is that with equal investment dollars now flowing into silver and gold, the current 35-to-1 ratio is unsustainable and has only one direction to go: lower."

Find the full report by Silver Vigilantes Eric Sprott and Andrew Morris here:

http://www.sprott.com/Docs/MarketsataGlance/2011/0311%20Follow%20the%20Money.pdf