Everything seems to be going the right way for precious metals investors—except price. What’s behind this puzzling trend? Eric Sprott breaks down the latest gold and silver news as you head into the weekend.
On this edition of the Wrap-Up, you’ll hear:
• Why gold prices are lagging behind the data
• What’s driving the about-face by the Central Banks
• Plus: the Shares’ bull run
“I’m quite surprised, when you think of the 180-degree turn from about three months ago, and we really haven’t accomplished a lot in gold yet. And the more I think about what other people—what investors— must be thinking in the world about what’s happening here… they’re all buying bonds and the yields are going down. As you’ve mentioned, the yield curve gets inverted. They’re buying stocks, and quite frankly, I think they’re buying gold. But we have some forces at work in the COMEX that aren’t quite letting us get to where we think we should be.”
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