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Phony Numbers and Criminal Bankers. Have We Reached Peak Insanity? - Weekly Wrap-Up (December 06, 2019)

Head Shot of Eric Sprott Weekly Wrap Up

December 06, 2019

Season’s greetings! The Weekly Wrap-Up returns with an extra-long edition to catch you up on all the gold and silver news you missed over the Thanksgiving break. Host Craig Hemke and our very own Eric Sprott take a deep dive into the latest economic news, including:

  • Why you should be like Poland.
  • The criminal enterprise “feasting” on investors.
  • Plus: Eric answers your listener-submitted questions

“I’ve said so many times it makes me sick: I don’t believe the numbers anyway. I just look around at the economic malfunction. You know, banks announcing layoffs. The car companies, production’s lousy. The industrial production indexes are weak. The softness around the world is incredible, OK? It’s not just in the United States. The German industrial production was down sharply again in November. Obviously, the Chinese are suffering from this trade war, as are the Americans. But somehow it doesn’t seem to show up in the jobs number. But we have to live through these things. And, of course, the favorite thing is: Knock gold down. ”

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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.