Eric Sprott: As the Fed Loses Control Gold Prices Will Soar

A highly engaging and informative interview with Eric Sprott from Palisade Radio

A Massive Move In Precious Is Coming

After the collapse of Lehman and the “official” great financial crisis, gold ran up 260%, silver soared 500% and the mining shares per the HUI moved up 418% – many junior mining shares spiked up multiples of the HUI’s percentage move.

Now that the systemic problems are worse than in the middle of 2008, we believe this current move in the precious metals sector will easily exceed the move it made from 2008-2011. We are confident that the returns in PMOF since the beginning of 2016 are an appetizer that precedes the main course.  – Precious Metals Opportunity Fund quarterly investor letter

One thought on “Eric Sprott: As the Fed Loses Control Gold Prices Will Soar

  1. So looks like only buyers for the Dow, 20 million shares out the gate yesterday & buyers lining up….not 1 share sold the rest of the day …. makes me think if you did sell now you cant loose! .. then again this is a buy and hold market …never ever fall, ever again..

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