The following are highlights of a presentation that billionaire Eric Sprott gave during a Casey Research conference last fall.
Sprott launched the PSLV physical silver trust a few months ago.
The presentation is fantastic, and finishes with......
"There are approximately 1 billion ounces of silver above ground to purchase. About which the ETF's already own half, and between you guys and us (Sprott Asset Management) we probably own the other half."
"Which means there is nothing left."