When the big ones start going, you better head for the hills.” - Eric Sprott on volatile markets

When the big ones start going, you better head for the hills.” - Eric Sprott on volatile markets (Weekly Wrap-up, April 06,2018)

By Craig Hemke, Sprott Money News

 

That’s another week in the books, and Eric Sprott returns once again to break it down for you. In this week’s wrap-up, you’ll hear his thoughts on:

 

  • What a weak US jobs report means for gold and silver
  • The “terrible vulnerability” of the stock market
  • Plus: Surging open interest in COMEX silver

 

“The big worry when I look at the stock market in general … I would be very concerned about some of the things that are happening on a macro scale. And one of them, of course, is what happened to cryptocurrencies …  It’s a wipeout! People doing exactly the wrong thing with their money … And it just tells you about markets. Let’s go to the stock market … [Facebook, Google, Amazon…] They’re getting picked off one by one. When the big ones start going, you better head for the hills … I just think that this stock market is looking terribly vulnerable. I wouldn’t want to be in it. There are so many things that can go wrong here.”

 

To hear Eric’s full thoughts, listen here: https://soundcloud.com/sprottmoney/sprott-money-news-weekly-wrap-up-4618

 

 

When the big ones start going, you better head for the hills.” - Eric Sprott on volatile markets (Weekly Wrap-up, April 06,2018)

By Craig Hemke, Sprott Money News

 

Check out these other articles by our contributors:

As Volatility Spikes, Here’s What Could Be Ahead for Gold and Silver- Jeff Clark (05/04/2018)
The Gold Price Driver- Craig Hemke (03/04/2018)
Focus: Rick Rule and Grant Williams — Dissecting The Synchronized Economic Recovery And The Crypto Bubble-Sprott Thoughts (03/04/2018)