“Blessed With Stupidity.” Why Gold is Poised for a Dynamic Five Years

“Blessed With Stupidity.” Why Gold is Poised for a Dynamic Five Years

Interviewed by Craig Hemke, Sprott Money News

The month of July is heating up, and so are precious metals. In this value-packed edition of the Weekly Wrap-Up, Eric Sprott breaks down all the gold and silver news you need, including:

• Why we are “blessed with stupidity”

• The metal you should be adding right now

• Plus: Bitcoin vs. Gold—which should you buy?

“Here we’ve put up with Central Banks saying we’re going to print money, we’re going to go to zero interest rates, and it will be the antidote to everything and we’ll have wonderful economies. And here we are—wedon’t have a wonderful economy. I’m thinking of Europe in particular. We don’t have a wonderful economy! We have negative interest rates, and what does Mr. Draghi say? ‘Well, we’re going to cut rates and we’re going to print more money.’ Well, you know, it didn’t work the last time! Why do you think that it’s going to work this time? Isn’t that the definition of stupidity?”

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 #AskEricSprottFor more info, contact us at submissions@sprottmoney.comTo hear Eric’s full thoughts on these topics and more,

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“Blessed With Stupidity.” Why Gold is Poised for a Dynamic Five Years

Interviewed by Craig Hemke, Sprott Money News

 

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