“If the U.S. dollar goes down, you might want to own gold.” - Eric Sprott on the looming crisis

“If the U.S. dollar goes down, you might want to own gold.” - Eric Sprott on the looming crisis 

Interviewed by Craig Hemke, Sprott Money News

Gold is up on the day, and here’s hoping this marks the start of a new trend. Eric is back once again to help us make sense of the week’s news, including:

• Who’s doing well right now—and who’s not

• Why rates might be cut in 2019

• Plus: where you can find the good news

 

“We’ve got to expect more difficulty for the man on the street, here… Even the hours worked this week were down .1 hours. So, that’s not good. That’s just less salary. It’s been the same old thing. I think the data’s always been wrong. Even the GDP data’s always wrong, when they tell us it’s 4% growth. That’s baloney. They always revise it later to some lower number, and anyway, I just don’t believe the recovery is nearly as strong as the press and economists would like us to believe.”

Ask Eric a question by following us on Twitter (www.twitter.com/SprottMoney) or Facebook (www.facebook.com/SprottMoney) and post to us using the hashtag #AskEricSprott

For more info, contact us at submissions@sprottmoney.com

To hear Eric's full thoughts and more, listen here:

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“If the U.S. dollar goes down, you might want to own gold.” - Eric Sprott on the looming crisis 

Interviewed by Craig Hemke, Sprott Money News

Check out these other articles by our contributors:

THE WORLD’S GREATEST BUBBLES ARE BIGGER THAN EVER: When They Pop, You Better Own Some Precious Metals- Steve St. Angelo (10/08/2018)

The Right to Bear Arms - Jeff Thomas (09/08/2018)

No Bottom in Gold until Trade War Ends - David Brady (08/08/2018)

Trump buys into the Krugman con - Peter Diekmeyer (08/08/2018)

COMEX Gold and the Commitment of Traders Report - Craig Hemke (07/08/2018)