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<p>[QUOTE="InfleXion, post: 1747653, member: 29012"]To say that you know for a fact what Sprott honestly thought about $100 silver is pure conjecture on your part. You have no idea what is going on in his head. We only know what he said. Whether it was deception or not, we can't know without his admission or else some sort of proof that does not yet exist. To say he is fear-mongering and dishonest is a leap of faith on your part, not founded on facts.</p><p><br /></p><p>He gave sound reasoning for why he thought silver would go up, because people were buying 50 times more silver than gold (equal dollar wise as the GSR was 50:1 at the time). While that ratio is logical from a price standpoint, it is very skewed from a supply standpoint and the reasoning is still sound today. You need not trust the man to understand reason, but for some reason people like to demonize him and somehow think that undermines sound reasoning because of the messenger which is also a leap of faith.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1747653, member: 29012"]To say that you know for a fact what Sprott honestly thought about $100 silver is pure conjecture on your part. You have no idea what is going on in his head. We only know what he said. Whether it was deception or not, we can't know without his admission or else some sort of proof that does not yet exist. To say he is fear-mongering and dishonest is a leap of faith on your part, not founded on facts. He gave sound reasoning for why he thought silver would go up, because people were buying 50 times more silver than gold (equal dollar wise as the GSR was 50:1 at the time). While that ratio is logical from a price standpoint, it is very skewed from a supply standpoint and the reasoning is still sound today. You need not trust the man to understand reason, but for some reason people like to demonize him and somehow think that undermines sound reasoning because of the messenger which is also a leap of faith.[/QUOTE]
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