February 14, 2020
It’s Valentine’s Day, and the markets are showing precious metals some love this week. Will it continue? In this edition of the Weekly Wrap-Up, Eric Sprott and host Craig Hemke give you all the gold and silver news you need for the holiday, including:
“I saw that
wages went up all of .6% last year and inflation was 2.5. … And I see that
delinquencies on autos have gone way up, and God forbid that we have shutdowns
of companies in the United States and all of a sudden you don’t get the
paycheck. …We may get into a situation that we’re almost in in China, where the
government just says to hell with it, we’re going to support everybody, i.e.,
print the money. If it ever went worldwide… It tells you a lot about thinking
about making sure you keep your gold position.”
About Sprott Money
Specializing in the sale of bullion, bullion storage and precious metals registered investments, there’s a reason Sprott Money is called “The Most Trusted Name in Precious Metals”.
Since 2008, our customers have trusted us to provide guidance, education, and superior customer service as we help build their holdings in precious metals—no matter the size of the portfolio. Chairman, Eric Sprott, and President, Larisa Sprott, are proud to head up one of the most well-known and reputable precious metal firms in North America. Learn more about Sprott Money.
The views and opinions expressed in this material are those of the author as of the publication date, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.You may copy, link to or quote from the above for your use only, provided that proper attribution to the source and author is given and you do not modify the content. Click Here to read our Article Syndication Policy.