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Sprott Money News
Sprott Money News Weekly Wrap-up - 9.27.19
It’s the end of another quarter, and as we check in on the latest gold and silver news, what do we find? The usual shenanigans. Eric Sprott is “very concerned” about a connection between the repo market issues and the surging GLD inventory…and he thinks the smart money may be moving.
In this edition of the Weekly Wrap-Up you’ll also hear:
• Why there may be a physical shortage of silver
• What’s holding things back for the shares
• Plus: Eric answers your listener-submitted questions
“I found it kind of hilarious when we had that big down day that they apparently said the reason was because Trump was not going to be impeached. So they’re slamming gold. Well, of course, now it looks like they’re working harder on impeachment. But the funny thing is, it doesn’t go back up again. You know why? Because it’s options expiry. And I thought the most hilarious thing I’ve read in a long time is that some people have decided that bitcoin prices tend to go down before the contracts expire on the CME. Isn’t that funny?…Welcome to our world, buddy!”
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