Comment: Sprott has also noted with respect to silver

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Sprott has also noted with respect to silver

that there is about 7X more silver available for investment but it is being bought in multiples of 30-50X more than gold.

He runs two precious metal ETFs and the amount that investors bought in dollar amounts for his gold and silver funds were about the same (both hundreds of millions of dollars worth) BUT that means at the current price of silver he has to buy far more silver than gold.

Sprott posits this type of demand will eventually catch up with the price.

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