Beware The Ides Of March? What Stock Prices Are Trying To Tell Us

As we barrel towards the March FOMC meeting, the economic outlook continues to be lousy. Eric Sprott returns to break down all the gold and silver news you need to survive.

In this edition of the Wrap-Up, you’ll hear:

• What the U.S. presidential race means for gold
• Why you should be afraid right now
• Plus: Eric answers your questions about the mining shares

- Source

The Operative Word For Gold & Silver? Patience

“I’m quite surprised, when you think of the 180-degree turn from about three months ago, and we really haven’t accomplished a lot in gold yet. 

And the more I think about what other people—what investors— must be thinking in the world about what’s happening here… they’re all buying bonds and the yields are going down. As you’ve mentioned, the yield curve gets inverted. 

They’re buying stocks, and quite frankly, I think they’re buying gold. But we have some forces at work in the COMEX that aren’t quite letting us get to where we think we should be.”

- Source, Silver Doctors

The Only Panel Talk On Gold And Mining You’ll Need

Rick Rule, CEO of Sprott U.S. Holdings, joins forces with Amir Adnani, chairman of GoldMining and CEO of UEC, in this panel discussion on the hottest headlines of the gold industry today.

Topics range from the Barrick-Newmont takeover deal, Trump’s third year in office, and their outlook on gold and uranium prices.

- Source, Kitco News

Warren Buffett Doesn’t Need Gold, But You Do

An investor on the caliber of Warren Buffett most likely doesn’t need extra insurance on his portfolio, but that doesn’t mean that it’s not good practice to own gold as a hedge, said Rick Rule, CEO of Sprott U.S. Holdings. 

“Were I as smart as Warren Buffett, were I as disciplined as investor and as good an analyst, I probably wouldn’t need gold either. Part of what gold does is it protects us from our own worst instincts,” Rule told Kitco News on the sidelines of the PDAC 2019.

- Source, Kitco News

What The Latest Numbers Mean For Gold And Silver

“There are lots of reasons to worry about where we’re all going. We’ve seen those downgrades, in Europe, of the GDP. We see Chinese data that gets weaker all the time. 

We see weakness in the U.S. in terms of industrial production and PMIs and things like that. So, yeah, I think that stocks could easily roll over.”

- Source, Sprott Money