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“If the U.S. dollar goes down, you might want to own gold.” - Eric Sprott on the looming crisis -Weekly Wrap-Up, Aug 3,2018)

“If the U.S. dollar goes down, you might want to own gold.” - Eric Sprott on the looming crisis -Weekly Wrap-Up, Aug 3,2018)
By Craig Hemke 3 months ago 16366 Views 1 comment

August 3, 2018

Gold is up on the day, and here’s hoping this marks the start of a new trend. Eric is back once again to help us make sense of the week’s news, including:

Who’s doing well right now—and who’s not

Why rates might be cut in 2019

Plus: where you can find the good news

“We’ve got to expect more difficulty for the man on the street, here… Even the hours worked this week

were down .1 hours. So, that’s not good. That’s just less salary. It’s been the same old thing. I think the

data’s always been wrong. Even the GDP data’s always wrong, when they tell us it’s 4% growth. That’s

baloney. They always revise it later to some lower number, and anyway, I just don’t believe the recovery is

nearly as strong as the press and economists would like us to believe.”


Ask Eric a question by following us on Twitter (www.twitter.com/SprottMoney) or Facebook (www.facebook.com/SprottMoney) and post to us using the hashtag #AskEricSprott

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Our Ask The Expert interviewer Craig Hemke began his career in financial services in 1990 but retired in 2008 to focus on family and entrepreneurial opportunities. Since 2010, he has been the editor and publisher of the TF Metals Report found at TFMetalsReport.com, an online community for precious metal investors.


The views and opinions expressed in this material are those of the author as of the publication date, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.You may copy, link to or quote from the above for your use only, provided that proper attribution to the author and source is given and you do not modify the content. Click Here to read our Article Syndication Policy.

Malcolm 3 months ago at 10:34 AM
Gold and silver to tank within the next few weeks so why buy now ?
BitcoinCash

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