billionaire Eric Sprott – Expect $200 Silver

Discussion in 'Bullion Investing' started by SilverForLife, Feb 16, 2013.

  1. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    Flash! Billionaire Warren Buffett expects Catsup to reach $10 oz.soon!!! :D

    Come on, Of course Sprott wants you to invest in his PM ETFs, check his funds commission rates.
     
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  3. mikem2000

    mikem2000 Lost Cause

    Jim, some folks just don't have the same incredible grasp of the obvious that you possess :)
     
  4. green18

    green18 Sweet on Commemorative Coins Supporter

    And gosh I love ketchup.............
     
  5. medoraman

    medoraman Supporter! Supporter

    Is Berkshire the one buying Heinz?
     
  6. green18

    green18 Sweet on Commemorative Coins Supporter

    Yuppers......
     
  7. green18

    green18 Sweet on Commemorative Coins Supporter

    The Feds shut down some Swiss accounts for insider trading on this one.......
     
  8. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    Me too! I wonder if 6 bottles is enough of a stack, or add a few more before it takes off. :)
     
  9. InfleXion

    InfleXion Wealth Preserver

    And you can still agree with him without doing so ;)
     
  10. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    what's the ketchup etf again? I'm going to the coin shop in town to sell off my silver and buy in to ketchup!
     
  11. Tinpot

    Tinpot Well-Known Member

    Berkshire can afford to buy ketchup but they can't pay their back taxes? Who wudda thunk...

    All while Warren Buffet pretends that he wants to pay more taxes, what a hero.

    At the same time he owns portions of the banks that received taxpayer bailouts.....what a hero.
     
  12. green18

    green18 Sweet on Commemorative Coins Supporter

  13. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    what your talking about is when business and politics combine...as any good politician will tell you "don't let the pesky truth get in the way of what your trying to achieve..." also "the truth is only good if it's on your side...then it's nonsense"
     
  14. medoraman

    medoraman Supporter! Supporter

    Good to see you around Alex, its been a while since I saw you post. :)
     
  15. medoraman

    medoraman Supporter! Supporter

    My only advice, and this has nothing to do with PM, is I don't even listen to those who I know have a vested interest. I don't like listening to their conjecture since then I have to spend mental time trying to disprove what they are saying. I would simply rather read what people who do not make a living selling me something is saying about an issue.

    Usually there are plenty of unbiased resources concerning an issue, and I prefer to read them rather than spending time trying to debunk a salesman pitch. Salesmen practice the exact message they wish to convey, they do this for a living, and as such they can craft some very believable stories they tell. I have done this is the past, and it always boils down to a disagreement as to a definition, or a series of half truths, that what changes the very nature of the story. Professionally I have too many of these things thrown at me, and I am forced to deal with them already, to wish to chase such items down in my leisure.

    I am just saying these pitches by those with something to gain can be very good, and if not studied carefully can lead a person astray. I simply do not believe most people study the assertions carefully enough, so therefor simply warn people about them.
     
  16. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    yea things have been busy somewhat...and the move to Iowa is off...now it's OREGON [​IMG] my fiancee has a job there and she loves it..also she grew up in the salem/keizer area and we'll be living in Wilsonville, it's south of portland...hope to find some good roll searching there to do [​IMG]


    I agree very much with that some people say what they do to get ahead like what Mr. Sprott is doing...I would also addd that I watch what I read on here as the gospel too...I know some people on here may have an agenda to what they are saying...course the mods, cloud, medora, and many others are just straight shooters...there are others...especially new people that I do try to read into their motives for postings
     
  17. Yacorie

    Yacorie Junior Member

    Personally - I don't pay attention to most of it. I decided back a few years that I would put a set amount of cash into silver every year and I continue to do that. There were some years that I waivered somewhat I bought more than I initially planned.

    However, that is not something I would do now. Everyday on the TV there are commercials about buying silver and why it's such a good idea. The fact that it's so mainstream now worries me that eventually it'll drop down quite a bit - similar to the dotcom scenario.

    I'm going to keep on with my plan but probably wouldn't go outside of it given what I have been seeing lately on TV and hearing from friends/neighbors

    Just my 2cents - to me - no point in listening to what everyone says since I'm in it for my kids - not for myself.
     
  18. coleguy

    coleguy Coin Collector

    In the words of our high lord almighty, Doug, 'I'm gonna get ya!'.

    Of course, BNSF profits have been record breaking since Uncle Warren took over. He eliminated the top heavy management approach and streamlined efficiency and velocity. He's made me a lot of money at work and with Birkshire Hathaway stock, which we had to trade out BNSF stock for during the buyout. I trust his opinions more than any other investor out there.
    Guy
     
  19. medoraman

    medoraman Supporter! Supporter



    Nah, I am the one with the agenda, didn't you get the memo? :D
     
  20. InfleXion

    InfleXion Wealth Preserver

    I can understand wanting to weed out the waste, but a vested interest does not mean the information is bad. I ignore those who have a track record of lieing, stealing, etc. but Sprott has not done anything dishonest to my knowledge. I prefer to examine all angles possible anyway. I can't stand Dennis Gartman but I like to listen to what he says because he is such a great contrarian indicator for gold.
     
  21. medoraman

    medoraman Supporter! Supporter

    Fair enough sir. As long as you know the built in biases, and wish to do the work to do your due diligence, that is your business. I just don't have enough time to devote to a hobby for such things. Maybe I am just getting old and set in my view. That is a very real possibility as well. I am 45 this year, so I am getting ancient. :)

    Feels like much longer, since I have been reading about PM since I was 8. I have been a silver bug about my whole life, that is why I just feel weird here being viewed as a bear when I have such a love affair with the stuff.
     
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