Pick up in Buying Precious Metals

“We have noticed that there has been a pick up in buying precious metals since the Cyprus thing happened…You can see that people aren’t stupid. Particularly when you realize that the people at risk are the people with over 100,000 euros in the bank. These are people that got that kind of wealth because they anticipated things. Things are going on. It is a ‘black swan’.”

- Eric Sprott