Saturday, October 27, 2018

Eric Sprott: Light At The End Of The Tunnel


“The whole premise for gold going down, which is this phony premise about the strong dollar and that interest rates are going up, it’s just a narrative that covers for what’s going on in the paper market. It’s just a narrative, OK? 

The reality is that… we talked last week about India buying 100 tonnes of gold in August. I mean, that was an incredible purchase! 

And various central banks have been buyers of gold… It’s like, man, there’s not going to be enough gold around. So, I think we’re looking good.”

- Source, Eric Sprott