“A Safe Haven Asset” – Eric Sprott On Why You Should Own Gold Now

“…they’re going to be selling American stocks first, because they’re the ones that are theoretically liquid.”

Eric Sprott interviewed by Craig Hemke on The Weekly Wrap-Up

Oct 18, 2018

It’s the thirty-first anniversary of the worldwide stock market crash known as “Black Monday,” and Eric Sprott stops by to remind us of the lessons learned from that chaotic day. In this value-packed edition of the Weekly Wrap-Up, you’ll hear:

  • Why the stock market is just as fragile right now
  • What’s behind the surging demand in physical
  • Plus: reasons to be optimistic

“Most markets in the world—most stock markets—are in bear markets, save the North American markets, almost. Look at China. It was down 32% this year. There’s a lot of liquidity issues in a lot of markets, and when you’re the last man standing, they’re going to be selling American stocks first, because they’re the one that are theoretically liquid.”