“Be Careful What You Buy.” Why Gold and Silver Are Good Bets Right Now​​ - Weekly Wrap Up (May 8, 2020)

May 8, 2020

As coronavirus and containment measures continue to wreak havoc on the world economies, host Craig Hemke and Eric Sprott sit down to discuss all the gold and silver news you need to weather the storm. In this edition of the Weekly Wrap-Up, you’ll hear:

• Why silver is about to pop
• What’s behind the terrific week for the mining shares
• Plus: Are negative interest rates coming?

“First of all… I don’t trust the data that comes out from any government agency, because they’ve been so hopeless with numbers. And of course, the April jobs numbers is backward-looking information. We know exactly what’s going on with the labor market; we get weekly unemployment insurance claims. And I think it grew up to, what, in excess of 30 million? So what’s it matter what they say April was? It’s what we’re going to do going forward. I don’t think that number should have any bearing on any markets today.”