eric sprott comments on silver, among other things:

We almost own as much dollars of silver as we own in gold. I personally did not convert silver bars into coins. Our supply of silver coins is somewhat limited and, of course, the supply of silver coins in the world is very limited; the premiums that we charge are much higher than those charged on gold coins. So, in that sense, a gold coin is a better value vís a vís the premium.

And, yes, silver has the quality of being considered an industrial metal, but I think what’s most interesting about silver is that there’s not a lot of above-ground silver in the world. It wouldn’t take many buyers for there to be no silver around. We’re talking a very small amount of money.

That’s one of the unique aspects of silver. If it really catches a bid here, it can move pretty fast and I happen to be in the Ted Butler camp that—when you look at the goings on and the commodity exchange, it just looks so perverted with the size of short positions that are going on—I think the quoted values, ultimately, will not prove to be relevant.

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