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Eric Sprott Is “Very Concerned.” You Should Be Too - Weekly Wrap-Up (Sept 27, 2019)

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September 27, 2019

It’s the end of another quarter, and as we check in on the latest gold and silver news, what do we find? The usual shenanigans. Eric Sprott is “very concerned” about a connection between the repo market issues and the surging GLD inventory…and he thinks the smart money may be moving.

In this edition of the Weekly Wrap-Up you’ll also hear:

 

Why there may be a physical shortage of silver

What’s holding things back for the shares

Plus: Eric answers your listener-submitted questions

 

“I found it kind of hilarious when we had that big down day that they apparently said the reason was because Trump was not going to be impeached. So they’re slamming gold. Well, of course, now it looks like they’re working harder on impeachment. But the funny thing is, it doesn’t go back up again. You know why? Because it’s options expiry. And I thought the most hilarious thing I’ve read in a long time is that some people have decided that bitcoin prices tend to go down before the contracts expire on the CME. Isn’t that funny?…Welcome to our world, buddy!”

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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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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