What are silver experts predicting for the price of silver in 2013? PMBull presents two video interviews with silver experts Eric Sprott and David Morgan. In the first video, Eric Sprott provides a long-term forecast for silver relative to gold. In the second video, David Morgan provides his thoughts on the likely path for silver prices in 2013. PMBull comments, unless directly quoted, represent PMBull’s assessment of the thoughts expressed in the interviews and should not be ascribed to the video, interviewer or interviewee. These predictions are merely a snapshot at the time these videos were produced and it is entirely possible that both gurus have further amended their forecasts.
Eric Sprott Predicts Silver to Outpace Gold in the Decade Ahead
In this compelling interview from December with Lauren Lyster of Capital Account, Eric Sprott, Founder and CEO of Sprott Asset Management discusses the prospects for Silver in the decade ahead and outlines some specific data that suggests silver may indeed be a better investment than gold.
Eric suggests that silver will ultimately trade down to a 16:1 ratio vs. gold and details what this would mean for prices. He concludes that gold was the investment of the last decade, but silver will be the investment of the next decade. For more from Eric Sprott see Why Are Investors Buying 50 Times More Physical Silver than Gold on ZeroHedge.