As GWR mentioned yesterday, here are a few comments by Eric King on Sprott's new silver fund

Regards - VHF

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20 Million More Ounces Of Silver Needed!

October 27, 2010

Eric King

You already have a market in silver that is close to choking because of supply constraints. Now some are estimating that 20 million ounces will be needed to fill an order for Sprott Asset Management’s new Silver Trust. It seems to me that higher prices will be needed to fill an order of that magnitude.

Earlier in the week King World News quoted one of the most respected and level-headed individuals in the resource world as saying, “We are seeing huge inflows into physical silver, and that may create a shortfall of available physical silver.”

The question institutional and private investors alike should be asking themselves is,“In this tight environment for physical silver, where will the 20 million ounces come from to fill this order?”

James Turk has been looking for $30 silver and discussing a massive short squeeze. Could this be a catalyst for that squeeze?