Friday, February 22, 2013

It's Only a Matter of Breaking the Backs of the Short Sellers

"Someday, the physical demand (which it probably already has) exceeds physical supply, and it’s only a matter of breaking the backs of the short sellers on the COMEX and the LBMA who double, triple, quintuple counting of how much gold people think they own- I don't know when that’s going to happen, all I know is that if I had a choice of to buy bonds, to buy stocks, or to own precious metals, I know exactly what I’d do because over time we know we’re going to win the race."

- Eric Sprott via a recent interview with the Silver Doc, Read the full interview here: