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The Sprotts Expect Silver to Keep on Sizzling

March 13, 2011 Comments off

theaureport.com

Sprott Money executives Eric Sprott (chairman) and Larisa Sprott (president), sing the praises of the “poor man’s gold” in this exclusive interview with The Gold Report. “All the data supports the thesis that silver is undervalued,” says Eric—who serves as chairman of Sprott Inc., as well as CEO, CIO and senior portfolio manager of Sprott Asset Management LP. “We’ll certainly see a three-digit price,” he adds. Larisa explains how the company’s business model differs from others in the space and reveals plans to open Sprott Money USA within the year.

The Gold Report: Your Markets at a Glance commentary last November said it seemed unlikely that silver would stay under $30 for long. Four months later, the spot price is about $35. Are you surprised by how quickly your prediction came true?

Eric Sprott: Read more…

Russia warns the West against interference: Medvedev suggests that revolts in the Arab world were instigated by outside forces

March 13, 2011 Comments off

globalresearch

Moscow is concerned that the turmoil in the Arab world aggravated by western interference may destabilise Russia’s restive North Caucasus and former Soviet Central Asia

-Although Russian leaders have not named any country, experts and politicians have pointed a finger at the United States.

“The Arab revolt may have begun as spontaneous protests, but the West has now moved to take the endgame under its control,” says Konstantin Kosachyov, chairman of the Foreign Affairs Committee of the State Duma. Analysts say the U.S. is using the same techniques in the Arab East it earlier used in staging “coloured revolutions” in the former Soviet Union — in Georgia, Ukraine and Kyrgyzstan. They noted the role of CIA-linked foundations such as the Freedom House and the National Endowment for Democracy (NED), in supporting and training civil activists and Twitter and Facebook organisers of the protests in Egypt and Tunisia.

“The events [in the Arab world] bear all the traits of a total ‘network war’ (netwar) as formulated by John Arquilla and David Ronfeldt of the RAND Corporation back in 1996,” says Alexander Knyazev of the Moscow-based Institute of Oriental Read more…

Floodwaters are still rising in Wayne, other N.J. towns

March 13, 2011 Comments off

www.nj.com

Heavy rain brings more flooding to N.J. 

Enlarge Tony Kurdzuk/The Star-Ledger With the sold sign still in the flooded front yard, Al Eggeneberger stands on the front porch of the house purchased just 12 days ago by his cousin Frank DePinto as a pump pulls water from the basement this afternoon on Riveredge Dr. in Fairfield. (Tony Kurdzuk/The Star-Ledger) Heavy rain brings more flooding to N.J. gallery (56 photos)

WAYNE — Floodwaters continued to rise in Fairfield, Little Falls and Wayne today, submerging entire neighborhoods under water and leaving some with no other option but to travel by boat to reach their homes.

“It sucks, but you have to live with it. What can you do?” said Wieslaw Borek, as he Read more…