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“We’re in A New Bull Market for Gold.” Why Patience is Key - Weekly Wrap-Up (April 18, 2019)

Head Shot of Eric Sprott Weekly Wrap Up

April 18, 2019

Markets will be closed tomorrow for Good Friday, which means we are wrapping up the week early here at Sprott Money. Unfortunately, the short week didn’t stop market manipulators from suppressing gold prices. Eric Sprott joins us once more to break down all latest the gold and silver news as we head into the holiday weekend, including:

• How 2019 is shaping up like 2013

• Why the Fed wants gold to look bad

• Plus: the latest news on the shares

“As you describe, the price of gold going down $20 in the week, it feels worse than that, if you know what I mean. And of course the reason it feels worse is it’s gone through a bunch of the moving averages…. I’m sure it’s 100% orchestrated. So I hope everyone can have the fortitude to hang in there. Every time I see these very, very sharp declines, you know it’s orchestrated. And typically it’s going to go right back up again. So, we’llhave to stand by and see what happens there.”

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

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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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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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