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Sprott Physical Silver Trust ET (PSLV) Message Board

  • iwynne2002 iwynne2002 Dec 6, 2012 6:47 PM Flag

    728,0000 Silver Eagles Sold in the First Five Days of December

    This is from the US Mint's official site. Last year they sold roughly 2.1 million Silver Eagles over the entire month of December so this is a pretty telling statistic. Investment demand is getting stronger and the price suppression being implemented by the banking cartel is only helping people accumulate more.

    Sentiment: Buy

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    • So what? This is just future supply on the markets. There is no crises. IT HAS BEEN RESOLVED! Banks skyrocketing! Homebuilders up 150%. Housing inventory being taken off the market in droves. Net worth up to near record levels. America is back, baby. Sprott can KISS AMERICA's BUTT! sTICK IT sPROTT.

      • 2 Replies to alahendrix
      • It tells me that investment demand continues to rise which will be one of the primary drivers to higher silver prices in the future. People are waking up to the fact that our government simply can't keep printing dollars to infinity without further devaluing the currency. China and other big holders of US treasuries have woken up to this reality and now it is becoming evident that individual investors are waking up too.

        Sentiment: Buy

      • What reality do you live in? The national debt is $16.5 Trillion. The budget is off by over a Trillion. There are only 2 ways out of this mess: Austerity or Inflating our way out of it. If you think what is going on in Greece is bad, imagine spoiled Americans being told they have to give up SS, Medicare, Food Stamps, Unemployment checks, cuts in retirement benefits etc... congress would be strung up by their icicles.

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