Bearish on Base Metals, Bullish on Precious Metals

“I am not bullish on cyclical commodities such as iron ore, coal, steel, lead and zinc because I am worried about this economic contraction that everybody is talking about.”

- Eric Sprott, via a recent interview with Rueters:

http://www.reuters.com/article/2012/01/19/us-precious-sprott-idUSTRE80I15Z20120119