Eric Sprott Is “Very Concerned.” You Should Be Too - Weekly Wrap-Up (Sept 27, 2019)
September 27, 2019
It’s the end of another quarter, and as we check in on the latest gold and silver news, what do we find? The usual shenanigans. Eric Sprott is “very concerned” about a connection between the repo market issues and the surging GLD inventory…and he thinks the smart money may be moving.
In this edition of the Weekly Wrap-Up you’ll also hear:
• Why there may be a physical shortage of silver
• What’s holding things back for the shares
• Plus: Eric answers your listener-submitted questions
“I found it kind of hilarious when we had that big down day that they apparently said the reason was because Trump was not going to be impeached. So they’re slamming gold. Well, of course, now it looks like they’re working harder on impeachment. But the funny thing is, it doesn’t go back up again. You know why? Because it’s options expiry. And I thought the most hilarious thing I’ve read in a long time is that some people have decided that bitcoin prices tend to go down before the contracts expire on the CME. Isn’t that funny?…Welcome to our world, buddy!”
Don’t miss a golden opportunity.
Now that you’ve gained a deeper understanding about gold, it’s time to browse our selection of gold bars, coins, or exclusive Sprott Gold wafers.
About Sprott Money
Specializing in the sale of bullion, bullion storage and precious metals registered investments, there’s a reason Sprott Money is called “The Most Trusted Name in Precious Metals”.
Since 2008, our customers have trusted us to provide guidance, education, and superior customer service as we help build their holdings in precious metals—no matter the size of the portfolio. Chairman, Eric Sprott, and President, Larisa Sprott, are proud to head up one of the most well-known and reputable precious metal firms in North America. Learn more about Sprott Money.
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