Don’t Be Fooled by Paper Prices, Physical Demand Is Real - Weekly Wrap Up (March 20, 2020)

March 20, 2019

As we wrap up a week unlike anything we’ve ever seen, with coronavirus fears driving country- and state-wide lockdowns and world economies grinding to a halt, Eric Sprott sits down with host Craig Hemke to break down all the gold and silver news you need, including:

· What Eric is most worried about today

· Why physical prices are so different from paper prices

· Plus: Are physical funds having trouble sourcing bullion?

“I see the daily sales numbers. They’re like ten times higher than they’ve ever been, okay? So people are buying these products. The products are becoming short. The premiums are going up. And we get orders from all over the place. We’re just shocked at the people who are finally reacting to that. And I think the fact that there’s going to be this retail demand from around the world will be a big factor in where we ultimately discuss where prices are going.”