sprott buying 7.5 million ounces of silver

[Large Sarge]

http://www.equities.com/news/headline-story?dt=2012-11-09&val=693670&cat=material

[Ponce]

They better be ready to pay a very hefty price if they want to buy my silver :)

[steel_ag]

They better be ready to pay a very hefty price if they want to buy my silver :)

***

[Ponce]

Hey, hey, HEYYYYYYYY.......don't insult my tp that way, is a lot better that the green garbage that you posted... and a lot more valuable.

[steel_ag]

Hey, hey, HEYYYYYYYY.......don't insult my tp that way, is a lot better that the green garbage that you posted... and a lot more valuable.

***

40184019

[Neuro]

http://www.equities.com/news/headline-story?dt=2012-11-09&val=693670&cat=material
Actually it is not correct. He is selling shares in his company for somewhere between $260-310 million, with which he later probably will buy physical silver...

[Twisted Titan]

Good luck getting it .........and he better have that stuff assayed on the spot if he knows whats good for him

[Neuro]

Good luck getting it .........and he better have that stuff assayed on the spot if he knows whats good for him
I wouldn't buy shares in his company, unless I could myself audit the holdings, and then only with a significant discount...

ah fuck that! I wouldn't buy shares in his company. Period.

Expect Sprott and the Silver to be gone when SHTF....

[Ponce]

WTSHTF and if you have paper silve for a mine in Bolivia....what are you going to do?.....travel to Bolivia and demmand your silver at gun point?........if you can buy paper you can buy physical.

[BarnkleBob]

Somethings wrong! Why hasnt Sprott committed suicide yet.... you know a gun shot to head with his hands tied behind his back??? Thats a lot of silva... ontop of a lotta. Why is the cabal allowing him to freely accumulate?

[hoarder]

Somethings wrong! Why hasnt Sprott committed suicide yet.... you know a gun shot to head with his hands tied behind his back??? Thats a lot of silva... ontop of a lotta. Why is the cabal allowing him to freely accumulate?Probably because he intends to accumulate paper silver, if any at all.

[Neuro]

Probably because he intends to accumulate paper silver, if any at all.
Yep, the next Madoff, IMO. However this one will get away with it. Poof goes COMEX, Sprott will never be seen again, and neither HIS silver!

[osoab]

I wouldn't buy shares in his company, unless I could myself audit the holdings, and then only with a significant discount...

ah fuck that! I wouldn't buy shares in his company. Period.

Expect Sprott and the Silver to be gone when SHTF....

Read some KidDynamite Neuro. He doesn't care much for Sprott crazies.

This is a good post.

Debunking Misleading Silver Posts With Pure Fact (http://kiddynamitesworld.com/debunking-misleading-silver-posts-with-pure-fact/)

[Neuro]

Read some KidDynamite Neuro. He doesn't care much for Sprott crazies.

This is a good post.

Debunking Misleading Silver Posts With Pure Fact (http://kiddynamitesworld.com/debunking-misleading-silver-posts-with-pure-fact/)


I agree re Sprott silver, however I disagree re SLV, they don't have the silver they claim they have, it is an unallocated account. If you have less than 10.000 t.oz of silver in a Sprott account you can never get delivery, even if you have more you will not get delivery in times of silver shortage, which is the time when you most would like to get delivery.

End point is, you can't trust anyone else, you need to hold your silver yourself!

[osoab]

I agree re Sprott silver, however I disagree re SLV, they don't have the silver they claim they have, it is an unallocated account. If you have less than 10.000 t.oz of silver in a Sprott account you can never get delivery, even if you have more you will not get delivery in times of silver shortage, which is the time when you most would like to get delivery.

End point is, you can't trust anyone else, you need to hold your silver yourself!

I disagree with his eye candy assessment of SLV and GLD, but his info that Sprott's trust have even iffier paper trails is the point.

Sprott isn't the end all when it comes to Ag. Ponce's line still rings true.

[Neuro]

I disagree with his eye candy assessment of SLV and GLD, but his info that Sprott's trust have even iffier paper trails is the point.

Sprott isn't the end all when it comes to Ag. Ponce's line still rings true.
Yes, S:t Ponce, the protective saint of silver bugs around the world...