Happy New Year!

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Windmills, Paper Tigers, Straw Men and Fallacious Fallacies

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Kicking the Hornets' Nest

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Focal Point: Gold

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Sprott says SLV has physical?

<div align="justify">I found it interesting in this Sprott piece <a href="http://www.zerohedge.com/article/eric-sprotts-double-barreled-silver-issue">The Silver Lining</a> that Sprott includes SLV in his table of "real investment demand for silver".<br /><br />In the context of his point that GFMS and The Silver Institute neglect investment demand, I assume by the use of the word "real" Sprott must mean physical. In which case by including SLV's 305,205,951oz he is therefore saying it does have the physical.<br /><br />If SLV doesn't, then he shouldn't include it in the table as their holdings would represent fake paper silver. However if he doesn't include SLV then he has no point about GFMS/Silver Institute missing investment demand of 225,783,924oz because without SLV the "aggregate implied investment demand" figure from GFMS/Silver Institute covers the other funds' inflows.</div>

I found it interesting in this Sprott piece The Silver Lining that Sprott includes SLV in his table of "real investment demand for silver".In the context of his point that GFMS and The Silver Institute neglect investment demand, I assume by the use of the word "real" Sprott must mean physical. In wh…

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Freegold in the Proper Perspective

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Brodsky on Gold

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The Value of Gold

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