- Eric Sprott via a recent King World News interview, read the full interview here:
Sunday, April 28, 2013
When Gold and Silver Got Hit
"It’s just pure insanity. When gold and silver got hit, gold traded about 120% of its annual production in one day (in the paper market). We had offerings of 25% of the world’s mine production at one time, and who in the hell would have 25% of the world’s mine production available for sale in a minute? And who would want to sell it in one minute? It’s just ridiculous...."
at 5:41:00 PM