Sprott Weekly Wrap-Up July 24 After 5 Years in the Desert, Gold and Silver Investors See Promised Land
https://www.sprottmoney.com/Blog/after-five-years-in-the-desert-gold-and-silver-investors-see-promised-land.html?utm_source=Newsletter&utm_medium=Email&utm_campaign=WWU_July/24 July 24, 2020
It’s been an amazing week in precious metals, and the remainder of 2020 promises to keep up the momentum.
As we head into the back half of the year, host Craig Hemke and legendary investor Eric Sprott break down all the gold and silver news you need to navigate the road ahead.
In this edition of the Weekly Wrap-Up, you’ll hear:
- The bullish trial balloon floated by the Fed last week
- What should cause gold prices to go up by “at least 100 percent”
- Plus: the extreme activity in the silver market
“A lot of the reasons that it’s going up are the reasons that we talk incessantly about. And the most poignant reasons, I guess right now, are that from an economic perspective we have this potentially weak economy. We have the Covid-19 problems.
We’ve got a U.S. dollar that’s weakening. We have bonds with no yields. And we have equities that are stretching the valuation parameters that would be considered normal.”