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Eric Sprott - We Have a Shortage of Gold
Posted by: CanadianValue (IP Logged)
Date: November 27, 2012 04:17PM

Eric Sprott's analysis shows a "flat supply" and at least a "2,500 ton net increase in gold demand" since 2000. He manages nearly $10 billion at Sprott Asset Management. "Where's all the gold coming from?" asks Sprott. He says Western central banks ". . . keep supplying this market with product in order to keep the price down so nobody knows how vulnerable the situation is." Sprott boldly proclaims, "We have a shortage of gold."




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