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Eric Sprott on the looming crisis - Weekly Wrap Up (Aug 3, 2018)
August 3, 2018
Gold is up on the day, and here’s hoping this marks the start of a new trend. Eric is back once again to help us make sense of the week’s news, including:
• Who’s doing well right now—and who’s not
• Why rates might be cut in 2019
• Plus: where you can find the good news
“We’ve got to expect more difficulty for the man on the street, here… Even the hours worked this week were down .1 hours. So, that’s not good. That’s just less salary. It’s been the same old thing. I think the data’s always been wrong. Even the GDP data’s always wrong, when they tell us it’s 4% growth. That’s baloney. They always revise it later to some lower number, and anyway, I just don’t believe the recovery is nearly as strong as the press and economists would like us to believe.”
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To hear Eric's full thoughts and more, listen here:
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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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