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Eric Sprott interviewed by Bullion Star at Australia's Precious Metals Investment Symposium
11a ET Wednesday, December 13, 2017
Dear Friend of GATA and Gold:
Sprott Asset Management's chairman, Eric Sprott, interviewed by Bullion Star's Luke Chua at the Precious Metals Investment Symposium in Melbourne, Australia, last month, wonders whether shortages in the minor precious metals eventually will indicate shortages in gold and silver and lead to the liberation of the prices of the latter.
Sprott scoffs at central banks for having tried to solve the world's debt problems with more debt. He says the trading data reported by the London Bullion Market Association and the New York Commodities Exchange are so huge compared to actual world mine production as to be hard to believe.
Sprott says that he has been avoiding cryptocurrencies, and he believes that the metal held by the exchange-traded gold fund GLD has been used for knocking the metal's price down.
The interview is 17 minutes long and it's posted at YouTube here:
https://www.youtube.com/watch?v=f3ryaWuU4Ao&feature=youtu.be
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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