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Spectacular volatility in currencies means spectacular derivatives losses, Sprott says
2:10p ET Friday, February 6, 2015
Dear Friend of GATA and Gold:
Fund manager Eric Sprott tells King World News today that the spectacular volatility in currency markets must be causing spectacular losses in derivative instruments that will be defaulted upon. Another financial house collapse may be imminent, Sprott says. His interview is posted at the KWN blog here:
http://kingworldnews.com/billionaire-eric-sprott-just-made-one-dire-pred...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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