Saturday, July 14, 2012

Eric Sprott on Stocks, Gold, Oil and the Macro Economy

This is a great interview by King World News with Eric Sprott.

You can listen to it here.

The most important takeaway I got from this interview: China may be buying 1/2 of all gold produced in the world each year, excluding what they mine and keep for themselves even as they have quit buying US Treasuries. Simply amazing.

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