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Eric Sprott reflects on the frustration and opportunity of the monetary metals
10:57p ET Friday, August 30, 2024
Dear Friend of GATA and Gold:
Mining entrepreneur Eric Sprott returns today to the Sprott Money monthly wrapup with Craig Hemke of the TF Metals Report, discussing the long-term frustration of monetary metals investors and what he sees as the spectacular and unappreciated potential in many gold and silver mining companies.
He helpfully specifies some of the companies he finds especially prospective.
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He adds that he is annoyed by the shorting of New Found Gold, in which he has invested, and has commissioned someone to investigate it.
Sprott notes that many contentions recently dismissed by mainstream news organizations as "conspiracy theories" are being proven true.
He recommends holding some gold and silver assets outside the banking system and acknowledges the risk of windfall profits taxes and other severe intervention by government against the monetary metals.
The discussion is 45 minutes long and can be viewed at YouTube here:
https://www.youtube.com/watch?v=iAQEk9f_0D4
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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