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Quarter End: Reasons To Own Gold Look Great - Weekly Wrap-Up (March 29, 2019)

Head Shot of Eric Sprott Weekly Wrap Up

March 29, 2019

It’s the end of the quarter for financial institutions today, but what effect will that have on precious metals? Eric Sprott breaks down all the week’s gold and silver news in a wide-ranging discussion you won’t want to miss.

On this edition of the Wrap-Up, you’ll hear:

Who got squeezed at the end of the quarter

Why the mining sector is struggling

Plus: The effect of the Mueller report on gold

“I think the most important feature of yesterday’s events was that we have quarter end today for the financial institutions. Let’s just focus for a second on palladium. There were about 2.5 million ounces of palladium that they were short; they had lost a lot money on that. All of a sudden, palladium is down 200 bucks, somebody is better off by 500 million? 500 million? For quarter end? Oh, how wonderful! Gee, we made it to the end of the quarter and didn’t lose that 500 million… I think quarter end had a lot to do with this.”

Ask Eric a question by following us on Twitter (www.twitter.com/SprottMoney) or Facebook (www.facebook.com/SprottMoney) and post to us using the hashtag #AskEricSprott

For more info, contact us at submissions@sprottmoney.com

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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