Tuesday, February 26, 2013

Is the West Dishoarding Its Sovereign Treasure?



Chris Martenson of Peak Prospertiy interviews Eric Sprott of Sprott Assets. This interview occurs during the recent smash down of gold and silver. Eric restates that the fundamentals have never been stronger for gold and silver. Also the question is raised, Is the government dishoarding its sovereign treasure?

- Source, Peak Prosperity:

http://www.peakprosperity.com/podcast/80989/eric-sprott


Friday, February 22, 2013

It's Only a Matter of Breaking the Backs of the Short Sellers

"Someday, the physical demand (which it probably already has) exceeds physical supply, and it’s only a matter of breaking the backs of the short sellers on the COMEX and the LBMA who double, triple, quintuple counting of how much gold people think they own- I don't know when that’s going to happen, all I know is that if I had a choice of to buy bonds, to buy stocks, or to own precious metals, I know exactly what I’d do because over time we know we’re going to win the race."

- Eric Sprott via a recent interview with the Silver Doc, Read the full interview here:


Wednesday, February 20, 2013

The Investment Of The Decade


Eric Sprott appears on Russia Today, where he discusses one of his favorite investments. This investment he believes will be the investment of this decade. What is it you ask? Watch to find out.

- Source, Russia Today:


Sunday, February 17, 2013

Sprott Precious Metals Round Table


"In this unique discussion, precious metals experts Eric Sprott, John Embry and Rick Rule discuss a wide range of topics related to precious metals investing including macro economic issues, expanding central bank balance sheets, and the role of precious metals in protecting your purchasing power. A detailed analysis of the gold, silver and platinum/palladium markets, and a Q&A session round out this great discussion."

- Source, Sprott Asset Management:



Thursday, February 14, 2013

Central Banks Are Keeping the Price of Gold Down

"In my mind the tell on inflation would be gold and silver going up. That would be the most logical place to see it manifested. So if you are the central planners and you are trying to get away with printing money, it would be in your playbook to keep the price of silver and gold controlled, and that’s what I think we are seeing.

That’s why when we have this huge increase in physical demand, that everybody can quantify, nothing happens to the price of gold. I’m sure the Western central banks are supplying those physical quantities.”

- Eric Sprott via a recent King World News interview, read the full interview here:



Monday, February 11, 2013

I'm Sure We Will See $100 and $200 Silver

“I’m quite impressed by the (US) Mint sales in January, even though they only sold it for about half the month. It’s obvious from all of the discussions here from various coin dealers that demand is very brisk.

The beauty of silver of course is there is not much inventory in the world. The buying at the Mint, as a proxy, suggests that people are putting as many dollars into silver as they are putting into gold. So they are buying 50 times more silver than gold.

The piece we did a couple of months ago suggested that for investment purposes you can only buy about 3 times more physical silver than gold. Well, if you are buying it at 50 to 1, and I see it in our Trust issues that we have, we’re buying 50 times more silver which is an absolute impossibility (to sustain), I think silver will by far outperform gold. And needless to say I’m incredibly bullish on gold, so I’m sure we’ll be seeing $100 and $200 prices for silver.”


- Eric Sprott, via a recent King World News interview, read the full interview here:

Saturday, February 9, 2013

Get The Real Story - A Sprott Money Round Table











If you haven't already done so, make sure you register for the Sprott Money round table. This exclusive live broadcast is free and will be hosted on February 12th at 2:00 p.m Eastern time. The speakers will be John Embry, Rick Rule and of course Eric Sprott. In this broadcast you will learn why precious metals offer such a compelling investment opportunity and get to hear three titans of the industry speak at once on the same platform.

Register today by clicking the link below:


http://bit.ly/Wlcdxy


Friday, February 8, 2013

There is a Serious Vulnerability in the Financial System


Eric Sprott is interviewed by Greg Hunter of USA WatchDog. Eric discusses how the bond markets has become a farce and that it could collapse at any moment. Of course this means there is a serious vulnerability in the financial system.

- Source, USA Watchdog:

Monday, February 4, 2013

What Does Eric Sprott Expect from Gold this Year



Note: Eric Sprott's part begins at 4:20.

"An outlook on the worst performers as well as Netflix, with the FMHR team; and CNBC's Gary Kaminsky speaks to Eric Sprott, of Sprott Asset Management about why gold is printing $1,675, and what he expects from the commodity this year."


- Source, CNBC Video:



Saturday, February 2, 2013

The Welfare State is Growing

"20% of the population is on food stamps, an ever increasing gap between the wealthy and the rest and ever-increasing health care spending are all deep rooted and immensely important problems that get a ridiculous fraction of the attention that they deserve. The impact of these issues on both government finances and future economic growth are enormous."