Eric Sprott: If The Fed Steps In To Save The Markets Then Gold & Silver Will Go Crazy To The Upside

Eric says that relatively, the the midst of the price suppression and the stock market crash, gold & silver have done well. Here’s the details…

Eric Sprott interviewed by Craig Hemke on The Weekly Wrap Up

It’s been a wild week in the markets, and Eric steps in to break it all down for us. In this wrap-up, you’ll learn what’s causing the volatility, why you should be watching the bond market, and what role the Fed could play in the coming year.

And, as always, he’ll let you know how precious metals are faring in all this.

“I could sit here as a guy with a big portfolio and say, ‘Well, thank God my gold is only down 2%, and my silver is only down 2%.’ Everything I own could be down eight. Or ten. So, I’m not hurting here… I think relatively, these things have done exactly what we would expect. They’ve probably been suppressed… The natural instinct should be to buy gold in this kind of environment. We’ll see what happens today. Lots of people in the world are going to be trying to find things to invest in that can hold their own, and I think we’re already seeing that gold and silver look like they’re filling that role.’”