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<p>[QUOTE=&quot;InfleXion, post: 1250413, member: 29012&quot;]Since he has openly stated his intent to sell $32 million of his own fund for the purpose of buying physical silver it would seem he is more concerned about positioning himself with the safety of precious metals in hand than getting people to buy his fund. He must know it doesn&#039;t inspire people to buy his fund when he is selling it, so it doesn&#039;t make sense that he would make this move if he was trying to entice people into it. Maybe you could argue he is doing it to boost the price of silver, but what makes the most sense to me is that he is making sure he has his bases covered, and if it hurts the PSLV so be it because it&#039;s not worth getting burned. Physical metals are the only thing that can function as money and a store of wealth that do not require government backing to retain their value, or carry the potential risk of losing most if not all of their value if the systems in place do not support them. PSLV is a great thing for people who want to invest in the paper market, but paper isn&#039;t going to have value until the end of time like PM&#039;s will. Sprott is telling us by his actions what he believes is the safest place to be, and he has a better vantage point than most.</p><p><br /></p><p>In any case there is a certain amount of risk adopting someone else&#039;s opinion no matter who they are since by nature an opinion cannot be factually verified, but Sprott has stated plenty of information in his radio and video interviews that can be scrutinized for what it is without the need to examine his character.[/QUOTE]</p><p><br /></p>

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