Silver and Gold: Sprott Sees 20%-40% Gains Still Ahead This Year

[phideaux]

Eric Sprott on CNBC. Great interview...

http://finance.yahoo.com/blogs/breakout/eric-sprott-surfing-silver-higher-20110405-124426-911.html;_ylt=AqqVDL8MYCWA_wA1C6cQcy.7YWsA;_ylu=X3 oDMTE5czVhdjVxBHBvcwMzBHNlYwNGUEJyZWFrb3V0QmxvZwRz bGsDc3Byb3R0c2lsdmVy

[SongSungAU]

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[gilmoujr]

So, $48-$56 per ounce by end of year. Makes my prediction in 2009 seem doable. I stated that in 2010, the YEAR low would be $1499 (we got to 14.98 for a couple of seconds on Feb 9th). I said that we'd see 19.50 by end of May (bingo), I said we'd see $25-35 by EOY (bingo), then $50 by EOY2011, then $100 by EOY2013. I am still crossing my fingers for the remaining.

[917601]

Good opinion,but the best intel is gained by questioning your local coin shop owner.Mine has seen all graded silver coinage lose interest, about one in ten buying graded Morgans, Peace dollars, etc. Most walk-ins are now wanting junk. Junk is the survivalist's silver form of choice.Huge rises tend to happen when the survivalist jumps on board the silver train.The die has been cast two years ago,the next few years we play "catch-up"-all aboard.