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I expect a crash in the fall of this year.” - David Brady on the future of the stock market (Weekly Wrap-Up - June 29, 2018)

Head Shot of Eric Sprott Weekly Wrap Up

June 29, 2018

This week we are fortunate to be joined by David Brady, CEO and co-founder of the site Global Pro Traders. A featured writer of the Sprott Money Blog, David has managed money for banks and businesses for 25 years. With Eric still on vacation, David steps up to pinch hit in a big way.

Settle in in for an excellent and insightful discussion, where you’ll learn:

The primary metrics to look at RIGHT NOW

How changes to the US dollar and Chinese yuan impact the gold price

What an impending stock market crash means for precious metals 

“To all those Equity bulls out there: the primary reason for the stock market rally since 2009 is Central Bank stimulus. You can look at a chart. It’s not a spurious correlation, it’s obvious. If you take the punch bowl away… the funds don’t have to fall, they just have to stay the same. So, if there isn’t an increasing amount of cash flows into the equity market, the equity market collapses. Like any Ponzi Scheme.”

Ask Eric a question by following us on Twitter (www.twitter.com/SprottMoney) or Facebook (www.facebook.com/SprottMoney) and post to us using the hashtag #AskEricSprott


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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Head shot of Craig Hemke

About the Author

Our Ask The Expert interviewer Craig Hemke began his career in financial services in 1990 but retired in 2008 to focus on family and entrepreneurial opportunities.

Since 2010, he has been the editor and publisher of the TF Metals Report found at TFMetalsReport.com, an online community for precious metal investors.

*The author is not affiliated with, endorsed or sponsored by Sprott Money Ltd. The views and opinions expressed in this material are those of the author or guest speaker, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.