Blue-sky Scenario for the Silver Price

"I will be the least surprised person in the world when silver goes to $100 an ounce."

This statement was made last week by legendary resource investor Eric Sprott. He was speaking at a reception for his company, Sprott Resources, one of the largest independently owned resource investment firms in Canada.

Eric has an exceptional track record. His peers describe him as the "Wayne Gretzky of the resource industry." He isn't the fastest or strongest person on the ice, but he always knows where the puck is going to be. In other words, Eric is light years ahead of his competitors when forecasting major trends.

Today, he sees silver going to $100 – about 170% higher than the current price. That's like oil prices trading at $283 a barrel.

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