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Precious Metals Take the Escalator Up, Elevator Down - Weekly Wrap Up (Sep 25, 2020)

Cover image for Weekly Wrap Up with Eric Sprott

It’s been a remarkable week for precious metals investors—and not in a good way—but here’s some positive news: there’s no trading over the weekend. In this edition of the Weekly Wrap Up, host Craig Hemke and legendary investor Eric Sprott break down all the gold and silver news you need to weather the ups and downs, including:

  • Why you should be suspicious of what’s going on in the markets
  • The “huge economic mess” and the damage done by Covid-19
  • The good news coming in the precious metals sector

“I thought I should preface all of my comments by a famous quote by Chris Powell. And he made the statement that ‘there are no markets, just interventions.’ And I think nothing could be further from the truth. By the way, he made that in September of ’08. And what a prescient comment, because all we ever see are people, in essence, interfering with the markets. Whether that’s going to be the Fed, with buying more bonds, or the stimulus that’s going to come in here… there’s very little that’s not touched by one group or another.”

To hear Eric’s full thoughts on the week’s gold and silver news, 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.

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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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