MWP seeks to explore the global macro environment for investing in order to seek the best place to preserve and create wealth at a time of global deleveraging.
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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