No rational person could believe it had anything to do with the real market for silver...."
- Eric Sprott, via a recent King World News interview:
Sunday, March 4, 2012
What Happened in Gold & Silver is Stunning
“When I look at the silver market in particular, in a 30 minute span we had sellers of 225 million equivalent paper ounces, in a market that in one year the silver miners only produce 800 million ounces. So again, it’s the paper markets overwhelming the physical market. It’s stunning to me that on a day like Feb. 29th we traded 500 million ounces of silver.
No rational person could believe it had anything to do with the real market for silver...."
No rational person could believe it had anything to do with the real market for silver...."
