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Fear Behind Rising Gold and Silver Prices - Weekly Wrap-Up (January 31, 2020)

Head Shot of Eric Sprott Weekly Wrap Up

January 31, 2020

This week, host Craig Hemke catches up with intrepid traveller Eric Sprott as he drives down the freeway—but what’s driving precious metals prices? In this edition of the Weekly Wrap-Up, you’ll hear all the gold and silver news you need, including:

 

  • The fears spurring demand for precious metals
  • What to watch Sunday evening (hint: it’s not the Super Bowl)
  • Plus: Eric’s thoughts on the shares

“As I mentioned last week, you’re dealing with mathematics here. And the rate of growth is just incredible. And probably the best way to start off in terms of having the listeners understand: I think this time last week, we had 200 cases [of coronavirus]. 200. We added 2,000 today! And we’re up to pushing 10,000 cases here. And I’ve seen some numerical studies—they’re just numerical—that would suggest that by Feb 20 th, we could have something like 500 million occurrences and a million deaths. Now, it’s just something on a piece of paper, but this thing is effectively out of control.”

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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