Monday, July 18, 2016

Eric Sprott*: As the Fed Loses Control 
Gold Prices Will Soar
Sprott observes that the average gold stock price is up 160% in less than 6 months .. There is a concern about the negative correlation between gold stocks and general equities. Sprott thinks gold stocks will still be strong. This is because a failure- whether it is a bank, a government, COMEX, or a stock market breakdown would be incredibly positive for gold. Deflation is better for gold than inflation .. Sprott is hoping the central banks, & the commercial banks who are short on precious metals will lessen in power, so that gold & silver can do what they should have already done & go way up .. 22 minutes

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