“Light At The End Of The Tunnel” – Eric Sprott On The Week Behind Us

“The whole premise for gold going down, which is this phony premise…It’s like, man, there’s not going to be enough gold around…”

Eric Sprott interviewed by Craig Hemke on The Weekly Wrap-Up

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.”

 

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