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Eric Sprott on the looming crisis - Weekly Wrap Up (Aug 3, 2018)

Head Shot of Eric Sprott Weekly Wrap Up

August 3, 2018

Gold is up on the day, and here’s hoping this marks the start of a new trend. Eric is back once again to help us make sense of the week’s news, including:

Who’s doing well right now—and who’s not

Why rates might be cut in 2019

Plus: where you can find the good news

       “We’ve got to expect more difficulty for the man on the street, here… Even the hours worked this week were down .1 hours. So, that’s not good. That’s just less salary. It’s been the same old thing. I think the data’s always been wrong. Even the GDP data’s always wrong, when they tell us it’s 4% growth. That’s baloney. They always revise it later to some lower number, and anyway, I just don’t believe the recovery is nearly as strong as the press and economists would like us to believe.”

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

For more info, contact us at submissions@sprottmoney.com

To hear Eric's full thoughts and more, listen here:

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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.