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Swiss turmoil vindicates hard assets, Sprott says
10a ET Saturday, January 17, 2015
Dear Friend of GATA and Gold:
Markets overcame a central bank last week when the Swiss National Bank repudiated its pegging the Swiss franc to the euro, Sprott Asset Management CEO Eric Sprott tells Sprott Money News interviewer Geoff Rutherford in their weekly market review. Sprott adds that there were phenomenal losses in derivatives last week and as market volatility increases, people may realize that hard assets are the best preservers of wealth. The interview is nine minutes long and can be heard at the Sprott Money Internet site here:
http://www.sprottmoney.com/sprott-money-weekly-wrap-up
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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