“Everything is going down.” Why you need to own gold bullion right now - Weekly Wrap Up ( Dec 21, 2018)
Dec 21, 2018
It’s four days to Christmas, and gold is up $20 on the week. Does that mean the December rally has begun? Eric Sprott stops by to break down all the gold and silver news you need heading into 2019, including:
- Which company delivered an ominous warning for the market
- Why silver may be setting up for a tremendous run.
- Plus: signs that the big run for gold has already started
“More important than the gold going up is what else is going on. It’s funny how the macro-theory all along suggested that when the Fed stopped their quantitative easing and rates went up—but particularly the quantitative easing, where they go from quantitative easing to quantitative tightening—that one should have expected the stock market to roll over. Because the whole 2009 to 2018 was essentially a fraud created by the Fed, by doing things that no one in the history of the financial world had ever heard about before: printing money and having zero or negative interest rates. Well here we are. Now we’re doing the opposite. Are we surprised that stocks are going down? Well, we shouldn’t be.”
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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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