Eric Sprott

Sprott Money's picture

Rig For Stormy Weather

Based on centuries of economic history, we should expect increasing financial trauma, periodic market crashes, devalued currencies, debt defaults, and that someone else will be blamed.

Gold As The Monetary System's Sun

"For millennia, people believed that the sun revolved around the earth, appearing, as it did, on the eastern horizon in the morning and setting on the western horizon in the evening... So, we can be forgiven if we educated modern-day people sometimes have difficulty in understanding that gold is the monetary sun."

Follow The Yellow Brick Road

For over a hundred years, it’s been theorised that author L. Frank Baum wrote his 1900 book, “The Wonderful Wizard of Oz”, as a fanciful way to explain the economic situation at the time and that the Yellow Brick Road was a reference to the path created by gold ownership. Whether or not the theory is correct, for many people today, “Follow the Yellow Brick Road” might serve as a mantra for alleviating economic woes.