What Will Work in the Post-Covid Economy? Hint: Gold and Silver - Weekly Wrap Up (Sep 18, 2020)
It’s been a wild week in terms of fiscal policy, and precious metals continue to hold steady in the face of disappointing economic numbers. This week, legendary investor Eric Sprott returns to break down all the gold and silver news you need to weather the post-Covid reality. In this edition of the Weekly Wrap-Up, you’ll hear:
- Where pension funds will be looking to diversify their portfolios
- What’s the proper sell signal when prices get high?
- Plus: Eric’s thoughts on the shares
“I don’t spend as much time looking at the overall economic stuff as I used to, because I think whatever people are projecting never seems to be based on reality… it’s such a weak guidepost, the estimate. …But I would guess, and sort of what I see happening, is that we had kind of a weak retail sales number for August, we had July revised down. We had—for example, car sales in Europe were down 20% in August. Now, that’s not a very interesting-looking ‘v’, by the way. It almost looks like another ‘v’ going the opposite direction.”
To hear Eric’s full thoughts on the week’s gold and silver news, listen here:
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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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