Saturday, November 26, 2011

Billionaire Sprott

He asks silver producers to keep money in silver instead of the bank. This would be less risky. Banks are paying next to nothing in interest plus banks can go under. He is also the one who came up with PSLV the silver Etf backed completely by silver bullion. Here is a link to the article:
The people who run SLV have been known to short silver at their own risk. Of course if they get caught they probably figure Uncle Sam will bail them out.

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