Precious Metals Take the Escalator Up, Elevator Down - Weekly Wrap Up (Sep 25, 2020)

It’s been a remarkable week for precious metals investors—and not in a good way—but here’s some positive news: there’s no trading over the weekend. In this edition of the Weekly Wrap Up, host Craig Hemke and legendary investor Eric Sprott break down all the gold and silver news you need to weather the ups and downs, including:

• Why you should be suspicious of what’s going on in the markets
• The “huge economic mess” and the damage done by Covid-19
• The good news coming in the precious metals sector

“I thought I should preface all of my comments by a famous quote by Chris Powell. And he made the statement that ‘there are no markets, just interventions.’ And I think nothing could be further from the truth. By the way, he made that in September of ’08. And what a prescient comment, because all we ever see are people, in essence, interfering with the markets. Whether that’s going to be the Fed, with buying more bonds, or the stimulus that’s going to come in here… there’s very little that’s not touched by one group or another.”

To hear Eric’s full thoughts on the week’s gold and silver news, listen here: