• FREE Shipping & Insurance on Orders Over $500
    FREE Shipping & Insurance on Orders Over $500
back to top
News

“You can smell the breakout.” - Eric Sprott on precious metals (Weekly Wrap-Up - April 27, 2018)

Head Shot of Eric Sprott Weekly Wrap Up

April 27, 2018

It’s been a tough few days for Toronto, and the Sprott Money family sends their condolences to the victims of this week’s tragedy.

On this edition of the wrap-up, Eric Sprott stops by to talk the latest moves in precious metals. You won’t want to miss:

  • The positive fundamentals that should drive prices in the future
  • Why the “Bond King” keeps talking about gold
  • Which mining region gives Eric a sense of déja vu

“We don’t have the economic strength that everyone is suggesting that we have. Even 2% growth is pretty paltry here … A lot of it is because of government spending money that they don’t have. Which helps GDP, by the way. But sooner or later, if you’re spending money you don’t have, you’re not going to be able to spend it the next time, because you truly don’t have it. And the bond market’s going to make you pay for the money, and then you’ll come to your senses and stop spending. So I think… we’re all going to find out that the rising market was built on false premises.”

To hear Eric’s full thoughts, listen here:

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.

Learn More
about-sprott-skyline
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.

no_comments

Looks like there are no comments yet.