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“A safe haven asset.” - Eric Sprott on why you should own gold now - Weekly Wrap-Up

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October 19, 2018 - 12:01pm

It’s the thirty-first anniversary of the worldwide stock market crash known as “Black Monday,” and Eric Sprott stops by to remind us of the lessons learned from that chaotic day. In this value-packed edition of the Weekly Wrap-Up, you’ll hear:

  • Why the stock market is just as fragile right now
  • What’s behind the surging demand in physical
  • Plus: reasons to be optimistic


“Most markets in the world—most stock markets—are in bear markets, save the North American markets, almost. Look at China. It was down 32% this year. There’s a lot of liquidity issues in a lot of markets, and when you’re the last man standing, they’re going to be selling American stocks first, because they’re the one that are theoretically liquid.”

Our Ask The Expert interviewer Craig Hemke began his career in financial services in 1990 but retired in 2008 to focus on family and entrepreneurial opportunities. Since 2010, he has been the editor and publisher of the TF Metals Report found at TFMetalsReport.com, an online community for precious metal investors.

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 author and source is given and you do not modify the content. Click Here to read our Article Syndication Policy.

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About Eric Sprott

Eric Sprott is Chairman of Sprott Inc., CEO, CIO and Senior Portfolio Manager of Sprott Asset Management LP and Chairman of Sprott Money Ltd. Eric has over 40 years of experience in the investment industry.

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