“We’re in A New Bull Market for Gold.” Why Patience is Key - Weekly Wrap-Up (April 18, 2019)
April 18, 2019
Markets will be closed tomorrow for Good Friday, which means we are wrapping up the week early here at Sprott Money. Unfortunately, the short week didn’t stop market manipulators from suppressing gold prices. Eric Sprott joins us once more to break down all latest the gold and silver news as we head into the holiday weekend, including:
• How 2019 is shaping up like 2013
• Why the Fed wants gold to look bad
• Plus: the latest news on the shares
“As you describe, the price of gold going down $20 in the week, it feels worse than that, if you know what I mean. And of course the reason it feels worse is it’s gone through a bunch of the moving averages…. I’m sure it’s 100% orchestrated. So I hope everyone can have the fortitude to hang in there. Every time I see these very, very sharp declines, you know it’s orchestrated. And typically it’s going to go right back up again. So, we’llhave to stand by and see what happens there.”
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