Eric Sprott gives end of year spot silver prediction...

[pennypicker]

Last question is without having a crystal ball scenario going on here, what is your pick for the December 31, 2014 closing price of gold?

Eric Sprott: Over $2,000 per oz.

What about silver?

Eric Sprott: Over $50 per oz.

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James O’Rourke, Editor

Mining MarketWatch Journal

editor@miningmarketwatch.net

[PennysaverCP]

If you look up optimist in the dictionary the is a picture of Eric Sprott. Part of me hopes he is right and part of me hopes he is wrong (just early with prediction)

[theo]

What were his predictions for the end of 2013?

[Spikeanator6982]

What were his predictions for the end of 2013?

Last year.. predicted to surpass 40 reaching $48. 2012 he predicted it would reach $60. Guess we all should sell if he is still predicting it to go up.

[scyther]

What a surprise. The lower it is, the higher he says it will go. I wonder how long it will be before no one cares what he thinks...

[beauanderos]

What a surprise. The lower it is, the higher he says it will go. I wonder how long it will be before no one cares what he thinks...

Apparently, you don't. Think, that is.

[68Camaro]

Sprott is looking at fundamentals (as many are). Timing of those results is notoriously difficult to do especially when those opposed to the trend are making the rules. But physical will have its day when paper crashes. If you are dependent on timing for your return on PM you shouldn't be buying it.