ERIC SPROTT: $150 SILVER COULD 40X MINERS #kitconews #silver #ericsprott #investing
Legendary investor Eric Sprott says $150 silver could send mining stocks 10–40X higher, while institutional money still hasn’t entered the sector despite surging global demand for gold.
Watch the full interview here: https://youtu.be/8Lp6EYaj73g
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12 Comments
to bad that 150.00 will only buy a ham sandwich when trump gets done destroying the economy and the planet I can't breath but I can buy a ham sandwich ! Fdjt felon fraud Inc.
Id honestly just buy the actual silver at that point or now, like 1 oz coins no bullion bars or rounds, government minted coins, even the cheapest kangaroos would be fine, those are the only ones that will be bought once refineries are full.
so easy to talk. 150…ok. why not 650? 1000?
Major Problem with this theory…as Precious metals rise so does inflation, which means input cost go sky high, Equipment, Fuel, Wages, your better off buying a streaming company….Miners are notoriously bad at keeping costs low.
I think it probably goes to $50 before $150 but I agree once the recession and crash is over the bull rally will resume and we will go a lot higher–well into triple figures on silver. This current $70-90 range will likely become a new floor several years from now.
I'm losing my ass with PSLV😂
But I'm still a believer 😂
Thanks Mr. Sprott and Kitco
Im behind on SIL. Thinking of averaging down.
While BTC and ETH keep dipping, Exovim's presale looks like the smartest move anyone can make right now.
While BTC and ETH keep dipping, Exovim's presale looks like the smartest move anyone can make right now.
Silver gurus always talk a good talk. It sounds like everything will switch in the next 12 hours and you'll see the silver chart soar higher… But the war still on and Evil Empire is still in charge and who knows when you will see silver do something logical and retake its place as the most short of stock metal there is ! For the meantime I might buy oil companies instead because things are so manipulated
If silver does go to $150 I doubt it will stay there long before paper crashes the price back down. If paper doesn't crash the right away I don't see any dealers paying any more than $120 to $125 per ounce for it. I would really be shocked if they didn't stop buying at $115 for physical. They stopped buying in January
Lolololololol….bank runs are coming