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Sprott Weekly Wrap Up: The “Hard to Reverse Trend” Affecting Precious Metals Right Now

Toronto, ON / February 14, 2020 / JMN Wire / 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:

  • The overriding concern right now
  • The move Eric made “for the first time in years”
  • Plus: Which companies are outperforming the miners—by far

“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.”

Junior mining companies discussed:

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.

Originally published at SprottMoney.com

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Golden Minerals

Golden Minerals

Golden Minerals is a Colorado-based precious metals exploration company offering investors leverage to silver and gold prices through a highly prospective portfolio of precious metals projects located in Mexico, Argentina and Nevada (USA). Projects include a PEA-stage silver project with district-scale potential (Argentina) and a gold-silver exploration-stage project located 18 miles northwest of the historic Sleeper Mine in Nevada. The Company is revenue-generating through... LEARN MORE

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