“Light at the end of the tunnel.” - Eric Sprott on the week behind us. -Weekly Wrap Up (September 14, 2018)
Sept 14, 2018
Lots to talk about this week: Gold and Silver are both up, and things finally look like they might be turning around after five long months. You won’t want to miss this value-packed discussion, as Eric stops by to help us break down the latest happenings in the world of precious metals, including:
• Why the dollar is on the verge of breaking down
• Morgan Stanley’s surprising new recommendation
• Plus: Eric answers listener questions
“The whole premise for gold going down, which is this phony premise about the strong dollar and that interest rates are going up, it’s just a narrative that covers for what’s going on in the paper market. It’s just a narrative, OK? The reality is that… we talked last week about India buying 100 tonnes of gold in August. I mean, that was an incredible purchase! … And various central banks have been buyers of gold… It’s like, man, there’s not going to be enough gold around. So, I think we’re looking good.”
To hear Eric’s full thoughts on these topics and more, listen here:
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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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