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No Return to Normal: Why The Economic Wasteland is “Dramatic” - Weekly Wrap Up (June 12, 2020)

Head Shot of Eric Sprott Weekly Wrap Up

June 12, 2020

After a wild and crazy week in the stock market, is it any surprise precious metals are rallying? Host Craig Hemke and Eric Sprott break down all the gold and silver news you need as we head into an uncertain summer.

In this edition of the Weekly Wrap-Up, you’ll hear:

  • The one thing you should fear right now
  • Why July will be a “big month” for gold and silver
  • Plus: What to focus on when evaluating the shares

“We’ve got a continuation of the gold rally here this morning. I think the closing high on the spot retail sales is 1748 and we’re within spitting distance of that… so it should be good. I think the market breaking yesterday, of course, should be positive for people who care about safety. And it looks like that’s playing out here today. Unfortunately for all of us, this COVID-19 is not going away quickly. And in fact, the biggest concern in the market is this supposed second wave. And of course we’ve seen 22 states that have dramatically increasing cases, which is a very, very bad sign.”

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.


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