http://216.218.184.125/commentaries/rss/1501 Goldseek Commentaries en Weekly Wrap-Up with Eric Sprott http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17265 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> “The pension crisis is not going away. Of course, you start raising rates and it puts an even greater stress on pensions. You know, pensions own bonds—we’re in a bear market in bonds! They’re losing money. In fact, there’s a chart you can see every day that shows the net gain of stocks and bonds together. And so far this year, I think it’s probably zero—if not negative—the combined total of stock market gains and bond market losses. So these pension funds that were underfunded… now they’re not even making any money!” </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, May 18th</span> </div> </div> </div> <p class="MsoNormal" style="text-indent: .25in; line-height: 120%; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in;"><span style="color: #000000;">As we head into a holiday weekend here in Canada, Eric stops by to talk the latest global news in precious metals. This week, you’ll hear: </span></p><p class="MsoNormal" style="margin-left: .5in; text-indent: -25.0pt; line-height: 120%; mso-list: l0 level1 lfo1; tab-stops: 11.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in;"><span style="color: #000000;"> <span>• </span> <span>What the ongoing selloff in gold prices means for you </span> </span></p><p><a href="http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17265" target="_blank">read more</a></p> Fri, 18 May 2018 18:21:45 +0000 Eric Sprott 17265 at http://216.218.184.125 Weekly Wrap-Up with Eric Sprott http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17255 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> “Probably the biggest thing for us gold investors is: how do people react to the financial conditions? For example, what is the market going to do as the Fed literally tightens? Housing’s going to go down, car sales are going to go down, it’s getting tougher for the average American—or let’s just say middle-class citizen in the world… Who can afford this stuff?” </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, May 11th</span> </div> </div> </div> <p><span style="color: #000000;">It’s been a spectacular week for gold and silver, and once again Eric stops by to share his thoughts on the global economy and recent trends. </span></p><p class="MsoNormal" style="text-indent: .25in; line-height: 120%; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in;"><span style="color: #000000;">This week on the wrap-up, you’ll hear: </span></p><p><a href="http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17255" target="_blank">read more</a></p> Fri, 11 May 2018 18:31:50 +0000 Eric Sprott 17255 at http://216.218.184.125 Weekly Wrap-Up with Eric Sprott http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17247 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> “I’m a bear on the economy. We have a jobs number today that’s classified as weak. We have soft data that’s weak. We have hard data that’s weak. Logic says Flyover America is having a tough time. So, those all would argue for lower rates. You have a Fed that, of course, could change their mind quickly if the market continues to weaken here. The only thing arguing for higher rates, of course, is just the sheer inability of the U.S. government to fund itself, because of the excessive demands from a cash perspective.” </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, May 4th</span> </div> </div> </div> <p><span style="color: #000000;">Gold is down on the week, but Eric says the bigger issues still point toward stocking up on precious metals.</span></p><p class="MsoNormal" style="text-indent: .25in; line-height: 120%; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in;"><span style="color: #000000;"> In this edition of the wrap-up, you’ll hear his thoughts on the latest news, including:</span></p><p><a href="http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17247" target="_blank">read more</a></p> Fri, 04 May 2018 20:05:14 +0000 Eric Sprott 17247 at http://216.218.184.125 Weekly Wrap-Up with Eric Sprott http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17235 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> “We don’t have the economic strength that everyone is suggesting that we have. Even 2% growth is pretty paltry here … A lot of it is because of government spending money that they don’t have. Which helps GDP, by the way. But sooner or later, if you’re spending money you don’t have, you’re not going to be able to spend it the next time, because you truly don’t have it. And the bond market’s going to make you pay for the money, and then you’ll come to your senses and stop spending. So I think… we’re all going to find out that the rising market was built on false premises.” </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, April 27th</span> </div> </div> </div> <p><span style="color: #000000;">It’s been a tough few days for Toronto, and the Sprott Money family sends their condolences to the victims of this week’s tragedy.</span></p><p><span style="color: #000000;">On this edition of the wrap-up, Eric Sprott stops by to talk the latest moves in precious metals. You won’t want to miss:</span></p><p><a href="http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17235" target="_blank">read more</a></p> Fri, 27 Apr 2018 19:01:53 +0000 Eric Sprott 17235 at http://216.218.184.125 Weekly Wrap-Up with Eric Sprott http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17221 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> “It’s not just the net short position that is important. It’s: What if a Long says to a guy who’s short, ‘I’d like my silver?’ ‘I’d like my metal?’ We have over a billion ounces of short metal in silver. What if the Long simply says, ‘I can see there’s a bit of tightness showing up here in these various metals… maybe I’ll take delivery, thank you very much.’ Of course, as we know, the seller of the silver and/or gold doesn’t have the metals. So, yeah, there’s a very distinct possibility that this could erupt as people are getting more distressed… There are lots of smart guys that worry about the system crashing.” </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, April 20th</span> </div> </div> </div> <p><span style="color: #000000;">It’s been another week of rising inflation and interest rates, but the commodities markets look good, with silver in particular poised for a breakout.</span></p><p class="MsoNormal" style="text-indent: .25in; line-height: 120%; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in;"><span style="color: #000000;"> This week, Eric tells you:</span></p><p><a href="http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17221" target="_blank">read more</a></p> Fri, 20 Apr 2018 19:27:35 +0000 Eric Sprott 17221 at http://216.218.184.125 Weekly Wrap-Up with Eric Sprott http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17197 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> The big worry when I look at the stock market in general … I would be very concerned about some of the things that are happening on a macro scale. And one of them, of course, is what happened to cryptocurrencies … It’s a wipeout! People doing exactly the wrong thing with their money … And it just tells you about markets. Let’s go to the stock market … [Facebook, Google, Amazon…] They’re getting picked off one by one. When the big ones start going, you better head for the hills … I just think that this stock market is looking terribly vulnerable. I wouldn’t want to be in it. There are so many things that can go wrong here. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, April 6th</span> </div> </div> </div> <p><span style="color: #000000;"><span>That’s </span><span>another week in the books, and Eric Sprott returns once again to break it down for you. In this week’s wrap-up, you’ll hear his thoughts on: </span> </span></p><p class="MsoNormal" style="margin-left: .5in; text-indent: -25.0pt; line-height: 120%; mso-list: l0 level1 lfo1; tab-stops: 11.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in;"><span style="color: #000000;"> <span>• </span> <span>What a weak US jobs report means for gold and silver </span> </span></p><p><a href="http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17197" target="_blank">read more</a></p> Fri, 06 Apr 2018 18:57:56 +0000 Eric Sprott 17197 at http://216.218.184.125 Weekly Wrap-Up with Eric Sprott http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17181 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> It’s kind of shocking when you think that we have all this issuance going on. We have people threatening not to buy the bonds (i.e. China, Russia, whatever). And people saying that there’s this great economy, and yet yields are going down. And as you point out it’s quite a dichotomy. Normally, bonds are telling you the economy sucks. And I’ve always been in the camp that the economy has been held together simply by low interest rates, and the minute they start going up, it’s over… It just spells doom and gloom for stocks, and profits and budget deficits. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Thursday, March 29th</span> </div> </div> </div> <p><span style="color: #000000;">It’s a short week this week due to the holiday, so Eric stops by a day early to discuss the latest news in the world of precious metals. In this wrap-up you’ll hear: </span></p><p class="MsoNormal" style="margin-left: .5in; text-indent: -25.0pt; line-height: 120%; mso-list: l0 level1 lfo1; tab-stops: 11.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in;"><span style="color: #000000;"> • Why gold “got the spit kicked out of it” after nearly reaching a new high </span></p><p><a href="http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17181" target="_blank">read more</a></p> Thu, 29 Mar 2018 18:57:51 +0000 Eric Sprott 17181 at http://216.218.184.125 Weekly Wrap-Up with Eric Sprott http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17166 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> “We’re in spitting distance of a new high here.” — Eric Sprott on the value of gold amid chaos (Weekly Wrap-up, March 23, 2018) </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, March 23rd</span> </div> </div> </div> <p class="MsoNormal" style="text-indent: .25in; line-height: 120%; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in;"><span style="color: #000000;">It’s been another crazy week, and Eric stops by to talk the latest Fed meeting and the ongoing drop in the stock market. Highlights of the session include Eric’s thoughts on:</span></p><p><a href="http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17166" target="_blank">read more</a></p> Fri, 23 Mar 2018 18:29:25 +0000 Eric Sprott 17166 at http://216.218.184.125 Weekly Wrap-Up with Eric Sprott http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17158 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> We had this tax cut and we thought two things would happen: People would spend more money (NOT!) and companies would spend more money (NOT!). We had all this theory that everyone’s going to have more money to spend, and nothing happens! … It boils down to the basic facts that you and I have discussed: The average guy is experiencing sharp inflation and no wage increase. … We keep forgetting about the changes in health care premiums—which, of course, are consuming huge amounts of everyone’s income. And even real estate taxes, and insurance bills and, oh my God, the things that are going up all the time! The amount of money we have to spend on phones that we never spent on phones 15 years ago. Incredible expenses for families. They’re having a tough time… I’m not surprised we don’t have liftoff. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, March 16th</span> </div> </div> </div> <p><span style="color: #000000;">It’s a lively discussion this Friday, as yet another chaotic week wraps up. Eric Sprott has plenty to say on President Trump’s new chief economic advisor, the ineffectiveness of the tax cuts, and what all this chaos means for gold.</span></p><p><a href="http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17158" target="_blank">read more</a></p> Fri, 16 Mar 2018 20:34:50 +0000 Eric Sprott 17158 at http://216.218.184.125 Weekly Wrap-Up with Eric Sprott http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17145 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> By far, the majority of the jobs are part-time. Who knows what part-time means? Maybe it’s five hours or ten hours or whatever. The fact that the wage increase was only .1%, which by the way is 1.2% annualized, which is less than inflation, i.e. — people are going backwards here. It should be worrisome to the average person. Of course, that’s what’s been happening for decades here, that the workers’ wages are going up slower than inflation, and everyone’s essentially moving backwards in terms of total net compensation. So, yes it looked like a good report on the surface, but it wasn’t particularly strong when you get into the guts of the matter. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, March 9th</span> </div> </div> </div> <p class="MsoNormal" style="text-indent: .25in; line-height: 120%; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in;"><span style="color: #000000;">Gold is down on the week, and so is Bitcoin. But the big news this morning is the US jobs report, which shows—on the surface—strong growth. But Eric Sprott says, once again, things aren’t as rosy as they seem.</span></p><p><a href="http://216.218.184.125/commentary/weekly-wrap-eric-sprott-17145" target="_blank">read more</a></p> Fri, 09 Mar 2018 20:37:15 +0000 Eric Sprott 17145 at http://216.218.184.125