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'Historic panic bottom' in gold, Sprott tells King World News
1:20p ET Friday, April 26, 2013
Dear Friend of GATA and Gold:
Sprott Asset Management CEO and monetary metals advocate Eric Sprott today tells King World News that the recent smash in the gold price was either central bank intervention or some sort of breakdown in the derivatives market. Sprott adds that he thinks the smash marks "a historic panic bottom" in the metals. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/26_Sp...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Get the real story about the precious metals
from the Sprott Precious Metals Round Table
Now you don't have to travel to attend a financial conference to hear Sprott Asset Management's precious metals experts -- Eric Sprott, Rick Rule, and John Embry. They held a round-table discussion on February 12 and you can watch it on the Internet. Among their topics:
-- Why are precious metals such a compelling investment opportunity?
-- Why are non-G7 central banks buying gold? Do Western central banks have any left?
-- Why are investors buying as much silver as gold in dollar terms? What does this mean for the price of silver?
-- Is the growing supply deficit of platinum and palladium going to push their prices higher?
To watch the conference, please visit:
http://w.on24.com/r.htm?e=579230&s=1&k=70B829852A33CD255CC2A43ED63D18D0&...
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Sunday-Monday, May 26-27, 2013
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http://www.cambridgehouse.com/event/world-resource-investment-conference...
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