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Defaults, bankruptcies will make things plain, but too late, Sprott says
2:25p ET Friday, May 22, 2015
Dear Friend of GATA and Gold:
Debt and bond monetization have limits that are already being reached, Sprott Asset Management's Eric Sprott tells King World News today, adding that a few defaults and bankruptcies eventually will make it plain to the financial markets. He asks: "Why not get out now, rather than wait until it’s too late?" The interview is excerpted at the KWN blog here:
http://kingworldnews.com/billionaire-eric-sprott-just-issued-one-of-the-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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