Interview Excerpt: “The violent takedown in gold and silver in April is still reverberating around the markets. Underneath today’s smash in the metals, physical demand is asserting itself and I think we have a limited shelf life for the paper control of this market. I firmly believe that in the end the paper gold market [...]
Sprott Money News – Total Archives
The following is the total collection of Sprott Money News posts since 1999.
Interview Excerpt: “Investors have to concern themselves not with governments or markets, but their own reaction to events. Do you like to buy things on sale with the point of view that you will profit two years from now, albeit at some distress now, or not? If the answer to that is yes, right now [...]
Interview Excerpt: “Then I pick up the FT (Financial Times) on Saturday and big, screaming headlines: US Jobs Report Eases Economy Fears, S&P Breaks 1,600, Unemployment Rate Lowest Since 2008. This is all garbage. This is all just propaganda, trying to deny what’s going on in the world, and it’s going to end horribly. The [...]
In this exclusive interview, John Embry answers questions from our readers about the gold and silver market and his outlook on the economy. John Embry joined Sprott Asset Management LP as Chief Investment Strategist in March 2003. He plays an instrumental role in developing the corporate and investment policy of the firm. John, an industry [...]
Interview Excerpt: “What I am focused on right now is this whole paper gold market and the fact that the gold in the banking system has been hypothecated and rehypothecated so many times that nobody knows who owns what. We’re seeing more and more evidence that the market is getting tighter and tighter, and I [...]
Article Excerpt: “The wide attention the fall in gold and silver prices has attracted in the mainstream media has “created a wonderful buying opportunity.” [John Embry] predicts that, “When the carnage is over, and we’re probably a lot closer to the end than to the beginning, I think this will represent the finest buying opportunity [...]
Interview Excerpt: “When it becomes widely known that all of the people who think they own gold in fact don’t own gold, that it’s been hypothecated and re-hypothecated so many times that there are 100 claims for every single ounce of physical gold, that is when the prices of gold and silver will really go [...]
Interview Excerpt: “I think we are in the midst of a momentum trade. A lot of gold holders, physical gold holders were leveraged long financial interests. I think it’s fair to say that some of those leveraged long financial interests lost their nerve…There has been a change of leadership, in the precious metals market. A [...]
