Tuesday, October 17, 2017

Eric Sprott: They Do Whatever The Hell They Want To

Eric Sprott is all fired-up on the smashing of the metals this week by the cartel. The constant bombarding of the precious metals market is not easy to watch, but fortunately, Eric says it is not as violent as it could be.

Eric is also amazed at how the financial press is able to spin Trump’s every move. If he is siding with the democrats on something, it is good for the markets, if he sides with the republicans that’s also good for the markets. Eric says for the time being, the central banks are in full control, and they can move markets wherever they want and do “whatever the hell they want to do”.

In this recap, there is also discussion of the economic impacts of the two hurricanes, as well as a look at the macro level of the economy.