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<p>[QUOTE="mikem2000, post: 1642520, member: 30574"]You have totally missed the point, no one is ranking Soros vs Sprott. The fact is, the more people SPROTT can convince that Silver is going to soar, the better it is for him. When people buy into his fund, he makes money if silver goes up or down, it doesn't matter. In addition, PSLV also has that interesting twist, that you have the option to cash out in physical silver. At this point SPROTT becomes a bullion dealer. To make things more interesting, it is quite costly to take delivery from PSLV, so now SPROTT is not just a bullion dealer, but a dealer who charges a high premium over spot. </p><p><br /></p><p>The picture clear, SPROTTS high silver calls are an attempt to manipulate individuals. While this is not the crime of century, and is really not much different than APPLE running commercials trying to convince you, that you want to be the cool MAC dude instead of the geeky PC guy, it is still manipulation. </p><p><br /></p><p>If SPROTT was just offering a service that people want, as you say, he would have no need to be making calls on Silver at all.</p><p><br /></p><p>So to sum it up, there is no ranking of who is the worst manipulator, but just the fact that rich powerful folks try to make you think in a certain way for personal profit. So for myself I don't put much stock into Billionaires rhetoric. They have an Agenda. YMMV[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1642520, member: 30574"]You have totally missed the point, no one is ranking Soros vs Sprott. The fact is, the more people SPROTT can convince that Silver is going to soar, the better it is for him. When people buy into his fund, he makes money if silver goes up or down, it doesn't matter. In addition, PSLV also has that interesting twist, that you have the option to cash out in physical silver. At this point SPROTT becomes a bullion dealer. To make things more interesting, it is quite costly to take delivery from PSLV, so now SPROTT is not just a bullion dealer, but a dealer who charges a high premium over spot. The picture clear, SPROTTS high silver calls are an attempt to manipulate individuals. While this is not the crime of century, and is really not much different than APPLE running commercials trying to convince you, that you want to be the cool MAC dude instead of the geeky PC guy, it is still manipulation. If SPROTT was just offering a service that people want, as you say, he would have no need to be making calls on Silver at all. So to sum it up, there is no ranking of who is the worst manipulator, but just the fact that rich powerful folks try to make you think in a certain way for personal profit. So for myself I don't put much stock into Billionaires rhetoric. They have an Agenda. YMMV[/QUOTE]
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