ERIC SPROTT ASKS: DID I LOSE $10 MILLION FROM THE BARCLAYS GOLD TAKE-DOWN?

 

Source: Nanex

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In this EXCLUSIVE, MUST LISTEN interview with The Doc, Eric Sprott dissects the fundamentals in the gold and silver markets, coverage of manipulation finally reaching the mainstream, and reveals his updated outlook on gold & silver. 
Eric discusses why the precious metals options markets always expire at MAX PAIN for the customers, and why he urges all PM investors to STAY OUT of the futures options markets, and simply accumulate physical metal.
Sprott explains how PM manipulation shifted from being conducted solely by the Central banks to the dealers active daily participation that we see now, and discusses how much he personally lost when a Barclays trader manipulated gold down into the London fix.  

Regarding his price outlook for the metals, with silver trading under $20 and gold trading near $1250, is Eric still looking for new highs in 2014? 
His answer might shock you.

Click here for the Doc’s full Exclusive interview with Eric Sprott of Sprott Asset Management:

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5 comments on “ERIC SPROTT ASKS: DID I LOSE $10 MILLION FROM THE BARCLAYS GOLD TAKE-DOWN?
  1. Nat says:

    Who cares if one of the 0.01% looses $10m on the gold market?

    It’s all about the 0.01% it seems..

  2. Bruce says:

    I iz paying Sprott for mah lodgings, yo. He can’t be doing that bad, yo.

  3. Dippy says:

    Yer if Sprott can get fleeced, then anyone can whose not part of da favoured inner circle. Am sure he’ll recoup it on the rise when the real physical demand catches up with the paper promises.

  4. A. Paco Liptz says:

    Sprott has just been nominated for a prestigious award — the most Full of Shit Man on Earth. This asshole has wrecked lives with his bullshit predictions about PM prices, but he shows no remorse, and continues with his inane predictions — $2400 gold by the end of 2014! Sprott condemns all the “banksters” and market manipulators while he is perhaps the most manipulative, devious and ruthless son of a bitch of all, preying as he does on the gullibility of the fools who swallow his PM forecasts which are all lies and serve nobody other than Sprott. Keep stacking and keep hoping jerks! Sprott loves you all.

  5. Andrew Wolf (jarrollin) says:

    Investing in PMs is up to the individual. One can avail themselves to many sources for insight.

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