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<p>[QUOTE="mikem2000, post: 1834177, member: 30574"]Well, I'll show you how the math works. Sprott starts out with 1 Billion Dollars, He preaches, PM's are the best investment, he tells people silver is going to $1000, he tells people the stock market is going down. He tells people not to diversify, he does not believe in it. The only conclusion is his personal investments are 100% PM. From investments alone, his net worth now should be $700 Billion, from the 30 + % hit but it went up 10% to 1.1 Billion. So we have 400 million unaccounted for. Now your claim is he made this money on profits from his company??? Well that would have to be a "good" year to say the least. As I explained, the way his fee structure is set up and the masses of his followers that headed for the door, this is impossible. Plain and simple, it didn't happen.</p><p><br /></p><p><br /></p><p>Thanks Chris, but actually I am pratically illiterate, and I am proud of it so I never take offense. I fix, maintain, upgrade, and run very complex software systems for a fortune 100 company and yet I cannot spell, type, use correct grammer, or form a decent paragraph. Makes me kinda quirky I would say <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1834177, member: 30574"]Well, I'll show you how the math works. Sprott starts out with 1 Billion Dollars, He preaches, PM's are the best investment, he tells people silver is going to $1000, he tells people the stock market is going down. He tells people not to diversify, he does not believe in it. The only conclusion is his personal investments are 100% PM. From investments alone, his net worth now should be $700 Billion, from the 30 + % hit but it went up 10% to 1.1 Billion. So we have 400 million unaccounted for. Now your claim is he made this money on profits from his company??? Well that would have to be a "good" year to say the least. As I explained, the way his fee structure is set up and the masses of his followers that headed for the door, this is impossible. Plain and simple, it didn't happen. Thanks Chris, but actually I am pratically illiterate, and I am proud of it so I never take offense. I fix, maintain, upgrade, and run very complex software systems for a fortune 100 company and yet I cannot spell, type, use correct grammer, or form a decent paragraph. Makes me kinda quirky I would say :) :) :)[/QUOTE]
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