Friday, September 28, 2012

I Never Would of Imagined...

Eric Sprott recently appeared on CNBC's squawk box. On which he discusses such topics as his history in the precious metals markets, QE3 and the instability of the current banking system.

- Source:

Monday, September 24, 2012

How High are Oil Prices Going?

"Tell me how many greenbacks the Federal Reserve is going to print and I'll tell you where oil prices are going"

Saturday, September 22, 2012

Central Banks are Subverting the Gold Price

"I suspect the G6 central banks have a hand in subverting the gold price because as the canary in the coal mine, high gold prices might tip everyone off to the severity of the ongoing financial crisis. I don't think anyone can doubt that we're in the middle of a financial crisis, primarily in the banking system, when month after month one program after another is rolled out to save somebody, whether it's Long-Term Refinancing Operations (LTROs), quantitative easings (QEs), bank bailouts in Spain or rollovers of debt in Greece."

- Source: The Gold Report, read the full article here:

Tuesday, September 18, 2012

Friday, September 14, 2012

The Financial System is in Total Chaos

“In this financial, chaotic market that we have and I’m referring to the whole financial system, which I think is in total chaos. More and more, I believe…the central planners, has been keeping a lid on gold and silver and I can so easily come up with the logic of how much physical demand for physical gold there is way beyond the supply and the only conclusion I can come up with is that the central banks are continuing to supply that gold by leasing that gold.”

- Source Sprott Money:

Monday, September 10, 2012

Gold and Silver are the Only Things you Should Own

"We have more regulations than you can imagine, but most of them are either not enforced or the problems escape the sight of the regulators, whether it's MF Global or Bernie Madoff. These things went on for years and years, when it would seem that the regulators could identify it. Even when they're tipped off, they can't seem to reconcile it.

Based on experience, a blanket case that more regulation will solve a problem is naive. People have to take matters into their own hands, whether they think they're being ripped off in the stock market because of high-frequency trading or that they're being hurt by rule changes on the commodity exchange. They have to assess their own situations and ask, "What kind of risk am I prepared to take?" The system has failed a lot of people.

That's why I pointblank say gold and silver are the only things you should own. They're the safest things I can possibly recommend. If you own gold and silver and you're 100% certain that it's where you think it is, you should be okay. That's the way I approach it."

- Eric Sprott in a recent interview with Seeking Alpha, read the full interview here:

Thursday, September 6, 2012

The Economy is Taking a Cliff Dive

“The economy is already taking a cliff dive and that is before we hit the cliff. . . . It’s hard to imagine anyone being optimistic going forward here.”

- Eric Sprott in a recent USA Watchdog interview, view the video and article here:

Sunday, September 2, 2012

Chaos and Collapse is in Front of Us

Eric Sprott was recently interviewed once again by King World News. In this audio interview Eric says that he believe that Chaos and a utter collapse of the financial system is in front of us. He discusses key topics such as the Gold and Silver markets. This is must listen to interview. 

 Listen to the full interview at King World News here: